PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Are electric cars more expensive to make?
Electric cars have crazy computer systems, not to mention an entirely electric motor. There’s no way that all that stuff is cheap—so are electric cars more expensive to make?
Jason Crosby · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You’re correct—electric cars are more expensive to make than gasoline-powered vehicles. One of the primary reasons that electric cars are more expensive to make is due to the precious metals that need to be used in their circuitry and
batteries
, including cobalt, lithium, gold, and silver. These metals have to be mined, purified, and then further processed in order to provide carmakers with the materials they need for the cars’ computer systems. One of the other reasons that electric cars are more expensive to make is that the process of making them is so new. Car manufacturers haven’t yet found the perfect way to streamline the production of electric cars, which equates to higher price tags at the dealership. While electric cars are more expensive to make, they cost less to drive and maintain, which is somewhat of a trade off.
And considering that the U.S. is outlawing gasoline-powered vehicles in 2035, carmakers are hustling to try and make the production process as quick and economical as possible. As
electric car battery ranges
get larger (with some lasting into the 500-mile range), people will likely see electric cars as more of a practical alternative that matches their lifestyle and needs. You can also make the practical choice by using
Jerry
to shop for car insurance. One day, gas-powered engines will be a thing of the past—just like overpaying for your auto policy. Jerry does all the hard work of finding cheap quotes from the top name-brand insurance companies and buying new car insurance.View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies