12 Jan '18, 4pm

Electric cars are cheapest to drive against gas cars in these states: new report

John Voelcker Jan 12, 2018 Follow John Add to circle Charging station and gas pump Enlarge Photo Electric cars still cost significantly more to buy than gasoline-powered vehicles of the same size and capabilities. But cars that plug in are almost always cheaper to run per mile, often by a significant multiple. A study released Thursday has quantified those differences, comparing the cost-per-mile of gasoline versus electricity in different states. DON'T MISS: Buyers still think used electric cars cost more than gas cars; they're wrong Using state-by-state electricity-cost data from October and gas prices from late December, Michael Sivak and Brandon Schoettle at the University of Michigan Transportation Research Institute calculated the breakeven per-mile cost between the two vehicle types. On average across the U.S., the study concluded, a gasoline vehicle would have to r...

Full article: https://www.greencarreports.com/news/1114742_electric-car...

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