As Canada ushers in the era of electric vehicles, here's what costs and factors you should consider before making the switch.
As Canada's electric vehicle industry grows, more Canadians are making the switch to electric in hopes of saving on fuel and insurance costs.
By comparison, the most expensive gasoline-powered vehicle to insure, a 2022 BMW M340i, averages roughly $231.75 per month. "Survey after survey shows that the biggest concern that Canadians have when it comes to making the switch to an electric vehicle is the ability to charge and the price of these new vehicles," Kingston told CTVNews.ca in a phone interview on Wednesday.
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