About EVCostIQ

Last updated: June 2026.

EVCostIQ is an independent tool that answers one practical question honestly: over the years you'd actually own it, does an electric vehicle cost you less than a comparable gasoline car — or more? We publish dated, sourced total-cost-of-ownership estimates for 62 markets, including the United States, the UK, and several EEA countries.

What we do

We model the full cost of ownership — depreciation, electricity or fuel, maintenance, insurance, financing interest, registration and fees, minus any incentives — year by year, and show where one vehicle's running total crosses another's. Every page carries a "last refreshed" date tied to the underlying data, and every assumption is documented. You can read exactly how the numbers are produced on our methodology page.

Our independence

We are not paid by anyone to reach a particular answer.

• No manufacturer commissions and no utility or dealer arrangements that change the math.
• No referral or affiliate fees baked into a calculation. If we ever add a disclosed affiliate link, it will never alter a result.
• We tell you when gas wins. For many drivers and many vehicles, the gasoline car is cheaper over a typical ownership period — and when our numbers say that, that's what we show. We would rather be useful than flattering to EVs.

Because advertising (not sales of vehicles) keeps the site free, we have no incentive to push you toward any purchase.

How we keep it honest

• We publish the count of vehicles in our database, our data sources, and a per-source "last refreshed" date.
• We label estimates as estimates and never present a modeled figure as a licensed third-party value.
• We disclose things rivals often hide — for example, the roughly 12% energy lost when charging at home, and the fact that the U.S. federal $7,500 / $4,000 clean-vehicle credits expired on 30 September 2025.

Who runs it

EVCostIQ was founded in 2026 and is independently operated. We welcome corrections — see Contact or email [email protected].