EVs graph 4

EVs graph 4

Source: NEB

Description: This chart shows how changes to distance driven per year and the discount rate used can affect the LCOD. When a vehicle is driven more km every year, the LCOD decreases since the purchase cost is spread out over more km. If a higher discount rate is used, less value is put on future fuel and maintenance costs also resulting in a lower LCOD. The reverse is also true for both of the above statements.

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