EVsJalopnikabout 2 hours ago
EV Savings Break-Even Gas Price Revealed
1 min read
Buying an EV saves money over gas only when gas prices exceed $5.434 per gallon, based on average U.S. car payments and fuel costs. The formula compares current payment plus fuel cost against EV payment plus charging cost. For the average driver, current gas prices do not justify the switch on fuel savings alone.
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