April 21, 2026

Are electric vehicles worth it?

Drivers today are energized about electric vehicles (EVs) and making the switch. For proof, consider that there are an estimated 116 million EVs on the road today worldwide, and the number is expected to rise 30% in 2026. That’s hardly a surprise at a time when gasoline is averaging over $4 per gallon.

But that begs an important question: Is buying and owning an electric car actually worth it? Truth is, the answer will depend on your driving habits, budget, location, charging access and other factors. Upfront costs, fuel savings, expected maintenance, charging convenience and the likelihood of long-term ownership need to be considered carefully.

To help you make a more informed decision, read my article on this topic, published by MSN, available here.