May 20, 2022
Today, with the price of petrol continuing to rise, many people are considering switching to electric, motivated by the economic aspect. But is it really cost-effective?
💰Purchase price of your vehicle
Today, the purchase price of an electric car is higher than that of a combustion-powered vehicle. In addition to the purchase price, there are many extra costs (purchase or rental of the home recharging station).
Ce point négatif pour la voiture électrique est compensé par les aides et subventions. En effet, le bonus écologique peut atteindre 6 000 € et la prime à la conversion 5 000 €. On peut y ajouter un bonus de 1 000 € pour l’acquisition d’une hybride rechargeable de moins de 50 000 € avec un taux d’émission de CO2 < 50g/km et une surprime de 1000€ dans les zones à faible émission.
This amount, of up to €12,000, has led to strong growth in sales of electric cars. In 2020, before the health crisis, sales of 100% electric vehicles rose by 131%, plug-in hybrids by 208% and hybrids by 37%.
🚣🏻 Price of an electric car
When it comes to fuel consumption, it's no surprise that owning an electric car will save you money:
The same applies to maintenance. Owning an electric car will be more advantageous because the mechanics of the vehicle are simpler, reducing maintenance costs by 25% compared with a combustion vehicle.
Insurance is another strong point for electric vehicles. In fact, some insurance companies offer very attractive rates, ranging from 5% to 50% cheaper, as these vehicles are often used for short journeys, thus reducing the risk.
💸 Resale of electric cars
Data is still scarce. But according to initial surveys, electric cars depreciate more slowly than internal combustion vehicles. Over 3 years, the depreciation of a combustion-powered vehicle is around 40% of its value, whereas an electric vehicle will lose an average of 25%, provided the battery is certified.
🚗 Service life of an electric vehicle
The average life of a battery is between 1,000 and 1,500 recharge cycles, which equates to around 200,000 to 500,000 km, depending on how the car is used. Another strong point for an electric vehicle is that, by driving 20,000 km a year, the battery can last between 10 and 15 years.
A combustion-powered vehicle is considered old after 200,000 km.
🥁 Conclusion
Today, buying an electric car is economically more advantageous in terms of consumption, maintenance, insurance and resale. The lifespan of an electric vehicle is also a strong point, while the higher purchase price compared with a combustion vehicle is offset by subsidies and grants.
Another strong point of electric vehicles is, of course, their carbon footprint. In fact, their use emits 3 to 4 times less CO2 than a conventional car, and they become better for the climate with a more attractive carbon footprint after 30,000 km (since the production of an electric vehicle emits more greenhouse gases than a combustion engine vehicle).
Buying an electric vehicle will also enable you to continue driving in the low-emission zones that are springing up in major cities.
⚡️ Bump
Today, to encourage this transition, Bump is committed to helping last-mile carriers and VTCs make the switch to electric vehicles, and to encouraging the development of car-sharing vehicles in cities by offering :
- Fast-charging infrastructures in city centers. Today, Bump is the fast-charging leader in Paris, with the ambition of becoming the leader in Lyon, Marseille and Bordeaux in the very near future.
- Charging stations that can be reserved remotely, so that professionals can organize their errands and rounds without wasting time.
- Billing by kWh, so that professionals who are used to thinking in terms of kilometers can easily find their way around our pricing system.
To find out more about our offer, visit our website.
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