Fuel Costs of Electric Vehicles Overtake Gas-Powered Cars: Study

Fuel Costs of Electric Vehicles Overtake Gas-Powered Cars: Study
A Tesla Inc. electric vehicle charges at a supercharger station in Redondo Beach, Calif., on Jan. 4, 2021. Patrick T. Fallon/AFP via Getty Images
Allen Zhong
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The cost to fuel electric vehicles (EV) in the United States is higher than the cost to fuel gas-powered cars for the first time in 18 months, a consulting company said.

“In Q4 2022, typical mid-priced ICE [Internal Combustion Engine] car drivers paid about $11.29 to fuel their vehicles for 100 miles of driving. That cost was around $0.31 cheaper than the amount paid by mid-priced EV drivers charging mostly at home, and over $3 less than the cost borne by comparable EV drivers charging commercially,” Anderson Economic Group (AEG) said in an analysis.
Allen Zhong
Allen Zhong
senior writer
Allen Zhong is a long-time writer and reporter for The Epoch Times. He joined the Epoch Media Group in 2012. His main focus is on U.S. politics. Send him your story ideas: [email protected]
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