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As electric vehicles continue to take on more and more of the market, it's no secret that owning an EV can cost much more than its gasoline-powered counterparts. This is due to these vehicles' high initial purchase price and lower depreciation rates. The total cost of ownership varies depending on what type of EVs you choose, your driving habits, and even the actual utility rate in your area. Here is a look at the current cost of ownership.
 

Electric vehicles are gradually gaining popularity, prompting vehicle manufacturers to increase their production. Battery technology and charging infrastructure have improved, making electric cars a viable option over their combustion-powered counterparts.

Have your eye on the all-new Prius Prime? You’ll be excited to discover that the plug-in hybrid is equipped with an innovative Charge Management system that allows each user to design a personalized charge schedule perfect for their lifestyle and budget. Learn how this feature works inside.