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Electric vehicles (EVs) have caused quite a sensation in the automotive industry lately. Technological advancements and rising environmental concerns have significantly boosted the popularity of these eco-friendly cars. Despite their numerous advantages, various misconceptions and myths persist about electric vehicles.

When considering an electric vehicle, many car buyers are open to the idea, but they also wonder about the potential long-term costs of owning an EV. A study performed by Consumer Reports revealed that, when overall ownership cost is considered, EVs are the winners.