The pocketbook benefit of EVs
The latest Consumer Reports report on EV ownership costs confirms what many EV owners already appreciate. As a result of the lower ‘fueling’ and maintenance costs, consumers can save up to $12,000 over the vehicle's life over comparable fossil-burning vehicles. As more and more car manufacturers join the transition, we will see even greater improvements in the price of these vehicles, magnifying the overall cost advantages of EVs.
Here are the key findings:
The average EV driver will spend 60% less to operate their car (compared to a gas car).
EVs cost half as much to repair and maintain.
Kick gas. Save money.
For details, check out the Consumer Reports Fact Sheet.
