Does Electricity For An EV Cost Less Than Gasoline? It Depends. - CleanTechnica

The article from CleanTechnica examines whether electricity for electric vehicles (EVs) costs less than gasoline, highlighting that the answer depends heavily on geographic location, electricity pricing, and charging methods. While EV advocates often claim that driving an EV is cheaper than a gasoline car, this generalization requires context. In regions where electricity is inexpensive and gasoline prices are high, EVs offer a clear cost advantage. Conversely, in areas with high electricity costs and lower gasoline prices, the economic benefit of EVs diminishes or may disappear entirely. Additionally, charging at home during off-peak hours can reduce costs, whereas frequent use of DC fast chargers significantly increases the cost per 100 miles driven, sometimes exceeding that of gasoline vehicles. The article cites research showing that the average cost to drive an EV 100 miles in the U.S. is about $5.26, compared to $6.15 for hybrids and $12.80 for typical gasoline cars. However, using Level 3 DC fast chargers can