At the end of the day, if you want to get an EV, get one. That’s your choice. I wouldn’t mind one, except it would be a pain to charge as I do not have a garage. I’m 100% against Government forcing citizens into them. Government is supposed to listen to We The People, not dictate to us
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
For the first time in more than a year, owners of traditional gas-powered cars saved more money at the pump than those driving their electric counterparts, according to a consulting firm.
As inflated gas prices came down at the end of last years, the fuel cost for most Internal Combustion Engine (ICE) vehicles was comparatively cheaper in the final quarter of 2022 than charging an electric vehicle (EV), analysts with the Anderson Economic Group (AEG) said.
The cost to drive 100 miles in a gas-powered car dropped by more than $2 in October, November and December 2022. And with electricity prices rising last year, mid-priced ICE cars became more economical than EV cars for the first time in 18 months, the firm said.
AEG’s cost analysis looked at the underlying cost of energy for gas, diesel and electricity, as well as road taxes and fees, added costs to operate pump or EV charger and the cost to drive to a fueling station. The costs were calculated for vehicles driving 12,000 miles per year.
So, really, what you have is costs being relatively close. Of course, right now, both types are expensive, with gas going way up again. It’s around $3.49 in the Raleigh area (I remember when people freaked when it hit that price the first time. The Powers That Be are trying to get us used to it to force us into EVs). But, electricity costs are also going up, thanks to government policies which are killing off reliable, affordable energy like coal and natural gas, shuttering nuclear, and replacing with unreliable, expensive solar and wind. Well, when the extreme-enviros allow those projects to be built/go online.
The analysis found that in Q4 2022, a typical mid-priced gas car driver paid about $11.29 to fuel their vehicle for 100 miles of driving. That was about 31 cents cheaper than what a mid-priced electric car driver paid charging their vehicle at home, and more than $3 less than what comparable EV drivers pay when they charge their vehicles at a fuel station.
Most people will not be able to charge at home, as they have no garage. They live in apartments. If Government wants to make this happen, they are going to have to open up electricity generation.
Read: Surprise: EVs Are More Expensive To Fuel Than Gas Powered »