How much does it cost to charge an electric car? [2023 update]

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Last updated on May 12, 2023

To help you get a rough estimate of the cost of charging an electric vehicle (EV), we analyzed global electricity prices and charging fees. Based on these figures, we calculated how much it would cost to fully charge an EV with an average-sized battery of 68 kWh at home, in public places, and via fast-charging stations. This breakdown will give you a clearer picture of where your charging expenses might fall.

How Much Does It Cost to Charge an Electric Vehicle?

Type of EV Charging

US Price Range

European Price Range

Global Average

Home Charging $3 - $7 €4 - €10 $4 - $8
Public Charging $5 - $15 €7 - €15 $7 - $12
Fast Charging $15 - $30 €20 - €40 $20 - $35

As you can see, home charging is by far the most cost-effective option, while fast charging remains the priciest but also the quickest way to recharge your EV. Public charging falls somewhere in between, offering convenience without breaking the bank.

Keep in mind that these figures are averages and may vary depending on your location, utility rates, and specific charging network pricing. If you're planning long-distance travel, it's always wise to plan your route around accessible charging stations to avoid unexpected costs or delays.

``` This version provides more detailed information about different charging scenarios, including average price ranges for various regions. Additionally, it adds context about the cost-effectiveness of each method and emphasizes the importance of considering location-specific factors when budgeting for EV charging.

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