Should you switch to an electric car?

Why considering an electric car goes beyond dollars and cents

Electric cars like the Nissan Leaf (above) cost less to operate than conventional ones as electricity is far cheaper than petrol. These vehicles also cost less to maintain because they have fewer parts and less fluids.
Electric cars like the Nissan Leaf (above) cost less to operate than conventional ones as electricity is far cheaper than petrol. These vehicles also cost less to maintain because they have fewer parts and less fluids. PHOTO: REUTERS

I wrote a column last June examining the real cost of owning a car in Singapore. The bottom line? You will have at least half a million dollars more in your retirement fund if you use public transport.

What about an electric car? Well, the short answer is that the outcome of owning a battery-powered car will not be very much different from owning a regular one.

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A version of this article appeared in the print edition of The Sunday Times on March 22, 2020, with the headline 'Plugging into the future'. Subscribe