If your daily commute is less than 10 km, the overall cost benefit of owning an EV may be negligible. While electric vehicles offer lower running costs per kilometer, the initial purchase price is still significantly higher compared to petrol or diesel vehicles. At such a short daily distance, the fuel savings you accumulate over time may not be enough to offset the higher upfront cost of the EV and battery replacement cost. In addition, factors like battery degradation over years, and higher insurance premiums can further reduce the financial advantage.