Germany’s Total Cost Of Ownership Comparison
By Lucidity Insights Research Team 19 October 2023

Germany’s Total Cost Of Ownership Comparison

In the realm of automotive economics, Germany's Total Cost of Ownership (TCO) for the Mercedes-Benz EQA Electric has experienced a noticeable shift from 2022 to 2023.

The TCO comparison, presented in Euros, unveils a change in the financial landscape for this electric vehicle.

In 2022, the TCO for the Mercedes-Benz EQA Electric was recorded at 33,155.61 Euros, reflecting the comprehensive costs associated with owning and maintaining the vehicle.

However, in 2023, there is a discernible increase, with the TCO rising to 37,100.92 Euros.

This shift underscores the evolving economic factors, technological advancements, and market dynamics that influence the overall cost considerations for electric vehicles in Germany.

Related Report

The State of the Electric Vehicle Revolution 2023

Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.