4. A more reliable fleet = more time on the road

Despite their higher up-front cost, electric vehicles require less annual maintenance and result in fewer breakdowns and repair-shop headaches than conventional cars and trucks.

A 2021 study from We Predict, an American and British-based predictive analytics company, found that EVs cost almost one-third less to service over the first three years of ownership than gas-powered vehicles. That’s because an EV motor has few moving parts and the vehicles require fewer maintenance check-ups like oil changes — so EVs spend less time in the shop, and more time on the road.