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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

A study conducted by a team at the Massachusetts Institute of Technology (MIT) compared the lifetime costs of owning a gas-powered vehicle versus that of owning an eco-friendly vehicle. Hybrids and EVs can cost you less. Moreover, electric cars use regenerative braking that reduces wear and tear compared to traditional brakes.

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CMU study finds controlled EV charging can reduce generation cost, but at greater health and environmental costs depending upon the generation mix

Green Car Congress

The question of electricity costs vs. health and environmental cost is important to ask everywhere, Michalek said. Reduction in annual generation cost and external emissions costs due to controlled charging compared to uncontrolled charging ($2010). Electric vehicle charging may affect these trends.

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