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How EV Charging Cost Is Calculated
Full-charge cost = battery capacity (kWh) Γ· 0.9 (charging efficiency) Γ electricity rate (KRW/kWh). The 0.9 factor accounts for roughly 10% power loss during charging, meaning the meter draws more electricity than actually ends up in the battery. Cost per 100km uses the same formula with efficiency (kWh/100km) in place of battery capacity.