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Gasoline cars are six times more expensive than electric cars

According to a recent analysis by the Zero Emissions Transportation Association (ZETA), in the United States, electric cars are cheaper to run per mile than their gasoline cars.

The advocacy group compared the operating costs of electric and gas-powered vehicles, including the average costs of charging and refueling. As of March 2022, electric vehicles per mile are three to five times cheaper than gasoline cars, the group said.

But in some states — including Arizona, Florida, Georgia, Nevada, North Carolina, Tennessee and Virginia — certain EV models are between five and six times cheaper than comparable gas-powered models, according to traffic analysis. idea.

2022 Hyundai IONIQ 5 at Electrify America DC fast charging station

2022 Hyundai IONIQ 5 at Electrify America DC fast charging station

In Arizona, for example, the average price of gas was $5.69/gallon during the period surveyed, while electricity averaged $0.23/kwh. At that price, filling up a Honda Civic will cost $70.55 while charging a Tesla Model 3 Standard Range will cost just $12.54, or $0.17 per mile for Honda and $0.05. per mile for Tesla, according to the analysis.

In Georgia and Florida, the cost-per-mile distance decreased slightly, but remained $0.13 per mile for the Civic and $0.03 for the Model 3.

There’s obviously a big price gap between the Model 3 and the Civic, but premiums for EVs are no longer the norm, ZETA claims. The group also notes that gas prices are much more volatile than electricity prices, citing a recent spike in prices related to Russia’s invasion of Ukraine.

Three old gas pumps near Waldo, Ohio, by Flickr users Upstairs room

Three old gas pumps near Waldo, Ohio, by Flickr users Upstairs room

The current fixation on rising gas prices has produced some interesting analysis, including one report that claims Americans have reached a tipping point when gas prices motivate people to drive less. High gas prices also boost demand for some high mpg model.

However, high gas prices alone may not be enough to kickstart a large-scale transition to electric vehicles.

Products can make more sense compared to gas prices, some analysts said. It should also be noted that, while it may be cheaper overall, the cost of charging the EV very different—Because of the wide variation in electricity costs by region.

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