How much you save by driving an electric car compared to a gasoline car
Driving an electric car remains cheaper than a gasoline car, particularly for those who charge at home, despite the rising costs associated with public charging.
An analysis by Mobility Sweden indicates that even with recent drops in gasoline and diesel prices, switching to an electric vehicle (EV) continues to be more cost-effective. This is largely due to the significantly lower electricity costs associated with home charging, where average driving costs were reported to range from 2.20 to 3.70 SEK per mile for EVs in 2025. Comparatively, these figures provide a compelling financial incentive for individuals considering the transition to electric cars.
However, the rising costs of public charging stations pose a challenge. As charging at public stations becomes increasingly expensive, those without the ability to charge at home could be deterred from making the switch to electric vehicles. Mobility Sweden emphasizes that to maintain the momentum of electric vehicle adoption, it is crucial for policies to support accessible and affordable public charging options.
Ultimately, this analysis underscores the potential long-term savings of electric vehicles while highlighting the need for broader infrastructure development to encourage their use. The findings suggest that maintaining the attractiveness of electric vehicles, especially for consumers without at-home charging solutions, will be key to achieving environmental targets and reducing reliance on fossil fuels in transportation.