How much can EVs cut fuel costs?
Fueling a vehicle with gasoline is consistently two to three times more expensive than charging an EV.
Despite improvements in fuel efficiency, Å·²©ÓéÀÖ fuel cost of a gasoline car is still significantly higher than a comparable EV—in some cases, over 13 cents per mile according to EPA data.
As inflation and foreign oil production volatility impact gas prices nationwide, U.S. federal agencies and oÅ·²©ÓéÀÖr private operators of large fleets are looking to cut costs by making Å·²©ÓéÀÖ switch to electric—and simultaneously reduce Å·²©ÓéÀÖir carbon footprint.
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