ARE BATTERY ELECTRIC VEHICLES COST COMPETITIVE? AN INCOME-BASED ANALYSIS OF THE COSTS OF NEW VEHICLE PURCHASE AND LEASING FOR THE GERMAN MARKET

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  • Author: Kyle Morrison

Germany's battery electric vehicle (BEV) adoption is uneven, influenced by factors such as ownership costs, charging infrastructure access, and awareness. To ensure all consumers can participate in the transition to zero-emission models, the cost barrier must be addressed. This report analyzes the total cost of ownership for new BEVs over a four-year holding period, focusing on new passenger cars. The analysis includes base price, VAT, fueling and charging costs, maintenance, insurance, ownership taxes, and incentives. The report compares these costs as a share of net household income and discusses broader BEV access in Germany.

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