New research from AAA finds that over five years and 75,000 miles of driving, the annual cost of owning a new compact electric vehicle is only slightly more expensive – about $600 annually – than its gas-powered counterpart.
The study also revealed that the experience of owning an electric vehicle eases one of the biggest fears associated with these cars – range anxiety.
AAA believes that if consumers have a better understanding of the real cost and experience of owning an electric vehicle, then the gap between expressed interest and adoption will begin to close.
Read the article at AAA Newsroom.