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How much does an electric car actually cost?

Electric vehicles have long been seen as crucial to moving the U.S. economy away from fossil fuels: Many Americans are too car-addicted to abandon their personal vehicles, and the country is too tethered to its highways and suburbs to make a quick switch to a full-scale European-style public transportation system. (Sorry, mass-transit advocates.) A fleet of EVs, running on clean electricity, could help slash the 28 percent of U.S. emissions that come from transportation. But often, possible EV buyers are understandably scared off by the higher sticker price. But what about over the lifetime of a vehicle? Shannon Osaka digs into this tricky question. If you're curious about our methodology, we used a 2020 report from Consumer Reports, showing the difference in lifetime fueling costs of Crossovers/SUVs ($11,200) and maintenance ($4,600) for all models. The link to to the full report is here [PDF]: https://advocacy.consumerreports.org/... And the shortened writeup about it here: https://www.consumerreports.org/hybri... Sources Congressional Research Service: https://fas.org/sgp/crs/misc/IF11017.pdf 2 EVs for every 100 new cars purchased stat: https://insideclimatenews.org/news/21... Department of Energy electric chargers by zip code: https://afdc.energy.gov/fuels/electri... Roughly half of Americans unable to receive full tax benefit: https://dqydj.com/household-income-pe... Additional reading: The EV tax credit can save you thousands — if you’re rich enough https://grist.org/energy/the-ev-tax-c... How to ensure electric cars aren’t just for rich people https://grist.org/justice/making-elec... In Chicago, ‘charging deserts’ part of racial divide on electric vehicles https://energynews.us/2020/12/14/in-c... Buying an Electric Vehicle? Here Is Some Advice. https://www.nytimes.com/article/elect... #electriccars #kona #ev #tesla #hyundai