The coming electric car disruption., page-137

EV's are better for the planet or so we're told. EV's are cheaper to run or so we're told. EV's cost less to service or so we're told.

It seems EV's are also better for insurers due to higher premium costs. As for initial cost compared to an ICE?:

https://au.news.yahoo.com/finance/news/electric-car-owner-exposes-wild-4000-price-difference-absolute-joke-212356570.html

Excerpt:

Electric car owner exposes wild $4,000 price difference: ‘Absolute joke’

It is more expensive to insure an EV than it is to insure a combustion engine car and the difference can be hundreds to thousands of dollars. On average, ..... owners are paying $661 more per year on insurance compared to traditional cars.

“EVs are generally more expensive to purchase than internal combustion (IC) vehicles and have more complex systems and components...

Absolute joke - yep, straight from an EV owner's mouth - ICE owners at this point seem a lot better off and can still have a few laughs. Each to their own. AIMO