In general I’d agree. But a Corolla is as maintenance free as they come, and easier and cheaper to have repaired than an EV. I don’t particularly care for fueling it in the winter, but with a 570 mi range that would only be five minutes if once or twice a month. That leaves oil changes, but I just get those done when swapping winter tires (a necessity in Canada) so that’s no more inconvenience.

The pros are never having to charge 2-3 times on my 550 km road trips (availability and cost for chargers are still an issue in Canada). Not having to worry about finding charging when going on camping trips. No worries about the battery in winter. Less tire wear. Slightly cheaper insurance. Not having to install a home charger in my rental. Oh, and the Corolla is much better looking/equipped than a Bolt.

Hybrid wins easily for my use case.

2 - this is where the TCO analysis between a Corolla hybrid and an EV breaks down for me. A Bolt is cheaper after 8-9 years if you buy it BUT accounting for depreciation/leasing means it’s just not worth it, especially considering the convenience of the Corolla.