It's cheaper, but not that much cheaper. Anecdotally, my current car is 8 years old and has cost me roughly 400 euros a year in repairs and servicing. Manual gearbox is fine and should outlast the car.

Also, if I do a simulation for extended warranty and servicing (8 years/210k km) on the manufacturers website for a petrol car and for an equivalent electric car, the difference is roughly 600 euros per year. I suspect that'll be down to the battery. Traditional car the costs are spread over a longer period. Electric the battery or whatever sneaks up on you. The whole thing becomes doubly annoying when you factor in high electricity prices, meaning (sometimes) fuel costs are lower than electricity costs.

To be clear, electric is the future, it's a good thing they'll be banning the sale of new ICE cars here in the foreseeable future, and an electric car almost certainly is cheaper to run. It's just not _that _much cheaper. I assume prices will come down when they're forced to start making more of them and competing with the Chinese.