It is still cheaper to drive an electric car in Sweden compared to a petrol or diesel car

It is still cheaper to drive an electric car in Sweden compared to a petrol or diesel car, despite increased electricity prices. The is shown in a report recently released by Mobility Sweden.

In the report, Mobility Sweden has analysed the fuel costs for an electric car compared to a petrol or diesel car for the period January-August this year. Mobility Sweden has also compared the costs for the month of August this year with the cost in August 2021.

The analysis showed that the fuel costs for an electric car vary with charging infrastructure and form of accommodation, where the electricity price in the north of Sweden (price area 1) had the lowest cost per 10 km (approx. SEK 2.60) and electricity price in the south of Sweden (price area 4) had the highest cost (approx. SEK 5.50) for home charging. This can be compared with the cost per 10 km, for a petrol and diesel car which cost SEK 15.20 and SEK 13.00 per 10 km, respectively. An important aspect of the analysis is also that electricity prices have increased significantly in the central and southern Sweden (price areas 3 and 4), while those in northern Sweden (price areas 1 and 2) are at a similar level as last year. The price of petrol and diesel, on the other hand, has been basically the same throughout the whole country.

The cost of charging an electric car also varies based on whether you have access to your own charging station or whether you only have access to public charging. The analysis showed that it was 5 SEK more expensive with public charging per 10 km in northern Sweden, which can be compared with southern Sweden, where it was 2.20 SEK more expensive per 10 km to charge publicly compared to charging at private houses during January – August 2022.

In comparison with January – August 2021, the cost per 10 km in southern Sweden for charging at home has increased by 82 percent, which can be compared with increased gasoline and diesel prices of 32 percent and 49 percent, respectively. The average fuel cost in kroner per 10 km was the highest for the petrol car, followed by the diesel car, when looking at the development throughout the year. It should also be noted that between May and September 2022, tax reductions were introduced on the price of petrol and diesel, which moderated the price increases.

The number of electric cars on the road is also increasing. Nearly every other newly registered car so far this year was a chargeable car, with the share of new electric cars amounting to 28 percent. Read more in the report from Mobility Sweden here.

The aim of the ChargePanel EV charging platform is to facilitate and enhance the charging experience for electric vehicle drivers, but also to give eMobility Service Providers and Charge Point Operators a platform that is easily managed and administrated. Read more about the ChargePanel Enterprise system.