Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips
Green Car Congress
OCTOBER 9, 2020
Although fuel costs are the most ‘present’ cost on peoples’ minds, insurance and tax and also see running costs creep up. Without taking into account incentives and subsidies, taxes on electric vehicles are typically more expensive than gas cars—an average of $183 more per year.
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