
The Hidden Costs of Going Electric When You’re Running a Business
At some point or another, every founder wants to discuss with you whether they should purchase their next car as an electric vehicle. For most founders, this comes at a particularly good time: after receiving a large payment from a client or after the lease on their older sedan has ended. The initial investment for an EV looks so much better than buying a traditional fuel-powered car (for lower fuel consumption, fewer moving parts, and tax benefits that already bring the purchase price down significantly). But, as we’ve established, business owners are notoriously cost-conscious, or at least…
The skinny
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