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Istanbul World
WORLD2026-05-2411:46:29 UTC

Rising Ownership Costs: EVs vs. Full-Size SUVs

Editorial Staff · 1 min read

Electric vehicle (EV) owners saw their costs rise by just $11 this year, a relatively small increase in the grand scheme of ownership expenses.

In contrast, owners of full-size SUVs, such as the Toyota Sequoia, faced a staggering increase of $1,623, largely attributed to a substantial spike in gas prices.

The disparity in ownership costs highlights the ongoing challenges faced by traditional gas-powered vehicles in an era of fluctuating fuel prices.