How much money EV ownership saves depends on where you live
Baua Electric
JANUARY 8, 2024
A new University of Michigan study compares the cost of ownership for EVs and internal-combustion vehicles across 14 U.S. EVs were most cost competitive in cities with high gas prices, low electricity prices, moderate climates, high annual mileage, direct purchase incentives, and—for owners with home charging—time-of-use electricity rates.
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