The Ayvens Car Cost Index 2026 reveals that EVs are cheaper than petrol in most European countries for small and compact cars, though Germany shows narrower cost gaps.
The Ayvens Car Cost Index 2026 found that electric vehicles are becoming more economical, but not across all segments. The analysis takes into account total cost of ownership, including depreciation, maintenance, energy, taxes, and insurance.In Europe, EVs are already cost-competitive in most countries. Across 30 countries, they are cheaper in 17 in the small car segment, in 19 in the compact class, and in 16 in the mid-size class. This trend is also strengthening in several Southern European nations.Germany, however, tells a different story. In the compact segment, an EV costs an average of 887 euros per month, just 8 euros less than a petrol counterpart. In the small car class, EVs are more expensive at 759 euros versus 717 euros for petrol. In the mid-size class, the difference also favors internal combustion engines by about 40 euros per month.The average cost of car ownership in Germany is 906 euros per month. For EVs, it’s around 890 euros. The main advantage of EVs lies in low energy costs, while depreciation remains the biggest expense.The study shows that the most economical electric-drive vehicles are becoming a real alternative, but their benefit depends on the specific segment and usage conditions.
Automobile Magazine – USA
