It’s easy to forget that electric cars are remarkably efficient. Unlike any combustion-based engine in which the potential energy from its fuel is lost mostly via heat and friction, electric motors convert most of their energy into forward motion. Just think of it this way: A 6,300-lb Ford F-150 Lightning can travel 320 miles on the energy equivalent of about four gallons of gasoline.
If manufacturers were to put the spotlight more on vehicle efficiency, it could make EVs even cheaper. By a lot, actually. A recent white paper released by the American Council for an Energy-Efficient Economy (ACEEE) says that more efficient EVs would enable vehicles to get away with using smaller batteries. The ACEEE estimates that smaller batteries could cut on average $4,800 from an EVs price.