
Power Your Ride for Less
A Lifetime of Fuel Savings
Electric vehicles can be more costly upfront, which is an important consideration when you’re making your initial decision to buy. But you may be surprised to learn just how much you can save over the lifetime of your EV when it comes to the cost of charging versus the cost of fuel.
Lower Cost to Charge
Consider the cost to drive an EV. A typical driver adds between 7,500 and 14,300 miles to their vehicle per year, or about 12,000 to 23,000 kilometers. For internal combustion engine vehicles, that adds up to a lot of expensive gasoline.
Meanwhile, you may be able to charge an EV for a fraction of the cost of gas. A high-efficiency EV like a Lucid could cost significantly less to drive, depending on local electricity and fuel prices. For example, driving a Lucid Gravity could save you an estimated $7,000 in fuel costs over five years, compared to the average new car in America.¹
Estimate just how much you could save on fuel using our calculator. The total may surprise you.
Lower Maintenance Costs
The electric motors in an EV are much simpler than internal combustion engines. On average, they only have about 20 parts, while traditional engines can have upwards of 2,000. That’s a lot of parts that might require servicing. Electric motors don’t require extra lubrication, spark plugs, or filters, so there is much less to maintain. With fewer parts that can wear out or break, EVs often require less maintenance than their gas counterparts.
Spend Less, Live More
Think about all of the things you spend time doing now that you’ll never have to do again once you switch to an electric car:

Consider what this means beyond just dollars and cents. You’ll save so much time if you charge at home, giving you extra time and energy to live your life and enjoy spending it with family and friends.
Frequently Asked Questions
Is it really worth having an electric car?
Absolutely. While some EVs may cost more to buy, in many places, they may be considerably cheaper to drive thanks to savings on fuel. Over the lifetime of a vehicle, those savings can be significant.
How long do electric cars last?
Electric vehicles are built to drive for many years. Lucid offers an 8-year, 100,000-mile battery warranty for new vehicles.
How long do EV batteries last?
Lucid offers an 8-year, 100,000-mile battery warranty for new vehicles, which is the industry standard. With proper charging practices, high-voltage EV batteries are expected to last even longer than that.
Will driving an EV increase my electric bill?
Charging an EV at home will increase your electric bill compared to what you are currently paying, but the increase is typically much lower than what you would have been spending on gasoline. For most drivers, home charging costs significantly less than fuel, often resulting in substantial annual savings depending on local electricity and fuel prices.
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