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Which is More Expensive: Charging an Electric Vehicle or Fueling a Car With Gas?

MSN

Costs to drive an EV compared with a gasoline car are detailed in a report Anderson Economic Group called “Comparison: Real World Cost of Fueling EVs and ICE Vehicles.”

“They are a wonderful driving experience. But at the same time, they’re an enormous burden in time and in energy in finding chargers and getting them charged,” CEO Patrick Anderson said about his Porsche Taycan EV. “And you’re not really saving much in terms of charging costs … you may be paying more.”

A mid-priced internal combustion car that gets 33 miles per gallon would cost $8.58 in overall costs to drive 100 miles at $2.81 a gallon, the study found. But a mid-priced EV, such as Chevrolet Bolt, Nissan Leaf or a Tesla Model 3, would cost $12.95 to drive 100 miles in terms of costs that include recharging the vehicle using mostly a commercial charger. On a yearly basis, assuming the mid-priced cars traveled 12,000 miles, it would cost $1,030 to drive an internal combustion car and $1,554 to drive an EV.

Read the article at MSN.

Oct 25, 2021connieshedron
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