The transition to electric vehicles (EVs) is in full swing, yet many consumers still have questions about their long-term value. While the initial cost and driving range are often seen as obstacles, the lifespan of EVs is an underrated advantage that is frequently underestimated. Recent studies confirm that electric cars are surprisingly durable.
EVs as durable as petrol cars
A large-scale study in the United Kingdom, published in Nature Energy, analysed nearly 300 million technical inspections of almost 30 million vehicles. The findings reveal that electric vehicles have a lifespan comparable to petrol cars. The average lifespan of an EV is estimated at 18.4 years, compared to 18.7 years for a petrol car. Additionally, the data shows that electric vehicles can cover an average of 199,849 kilometres, proving that they are by no means inferior to traditional internal combustion engine vehicles.
Belgian data confirm the trend
Belgium follows the same pattern. In 2024, the average age of cars exceeded the 10-year mark, partly due to improved vehicle quality. Furthermore, many consumers are delaying the purchase of a new car because of costs and fiscal uncertainty, according to the latest Deloitte barometer. This makes EVs more attractive, as they have proven to be a sustainable investment.
Moreover, data from Car-Pass show that some electric vehicles in Belgium have already surpassed 500,000 kilometres. One model even exceeded 740,000 km in 10 years, while another covered more than 666,000 km in just six years. This highlights that EVs are a reliable choice, even for high-mileage drivers.
Financially attractive in the long run
Although the purchase price of an EV is on average €12,000 higher than that of a petrol car, they become financially more attractive in the long run. Electricity remains cheaper than fuel, and with fewer moving parts, maintenance costs are lower. Additionally, newer EV models have longer lifespans, increasing their cost-effectiveness the longer they are used.
Another common concern is battery longevity. However, modern EV batteries typically last more than 160,000 kilometres, as guaranteed by manufacturers. In some cases, such as with Tesla and Nissan, the batteries even outlast the vehicles themselves.
Resale value: A consideration, but stabilizing
According to Deloitte, the resale value of EVs remains a point of concern. Currently, only 5% of used car buyers in Belgium consider purchasing an electric vehicle, while the figure for new car buyers is 20%. Additionally, 15% of consumers worry about resale value. However, the reliability of batteries and ongoing technological advancements are expected to stabilize market value over time and reduce uncertainties.
EVs as a smart choice for the future
With fiscal uncertainty and rising car costs, many Belgians are postponing the purchase of a new vehicle. This makes the long lifespan of EVs a decisive factor. Electric vehicles are not only a sustainable alternative but also offer comparable performance and cost advantages over traditional cars. Those who want to plan wisely for the future should opt for electric driving!