In most U.S. zip codes, electric vehicles are cost-competitive with their gas-powered counterparts, according to a new study. And regarding emissions benefits of EVs, individual driving patterns matter as much as regional factors like the local electricity mix.
If you drive a typical distance per year, the purchase price of a new vehicle is almost always more than the cost of all the fuel or electricity you will use in the lifespan of the car, so for some people the lower initial purchase price of an ICE vehicle could produce durable savings.
Some US drivers would not save money by switching to an EV.
If you don’t drive, you cease being a driver.
If you drive a typical distance per year, the purchase price of a new vehicle is almost always more than the cost of all the fuel or electricity you will use in the lifespan of the car, so for some people the lower initial purchase price of an ICE vehicle could produce durable savings.
Some US drivers would not save money by switching to an EV.