Fuel Costs of Electric Vehicles Overtake Gas-Powered Cars: Study

A Tesla Inc. electric vehicle charges at a supercharger station in Redondo Beach, Calif., on Jan. 4, 2021. (Patrick T. Fallon/AFP via Getty Images)

The cost to fuel electric vehicles (EV) in the United States is higher than the cost to fuel gas-powered cars for the first time in 18 months, a consulting company said.

“In Q4 2022, typical mid-priced ICE [Internal Combustion Engine] car drivers paid about $11.29 to fuel their vehicles for 100 miles of driving. That cost was around $0.31 cheaper than the amount paid by mid-priced EV drivers charging mostly at home, and over $3 less than the cost borne by comparable EV drivers charging commercially,” Anderson Economic Group (AEG) said in an analysis.

Read more here: https://www.theepochtimes.com/mkt_app/fuel-costs-of-electric-vehicles-overtake-gas-powered-cars-study_5017783.html?src_s