What Is The Approximate Cost Savings Per Mile For Operating An Electric Vehicle Compared To A Conventional Gasoline-Powered Vehicle? (2023)

1. Electric vs. Gas Cars: Is It Cheaper to Drive an EV? - NRDC

  • May 25, 2022 · A 2018 study by the University of Michigan's Transportation Research Institute found that the average cost to fuel an electric car was $485 a ...

  • Chances are, yes. Here’s how to be sure....

2. EV vs. Gas: Which Cars Are Cheaper to Own? - Car and Driver

  • Missing: conventional | Show results with:conventional

  • We use data and simple math to attempt to answer this very complicated question, and in the process find both enlightenment and more questions.

3. News Release: Research Determines Financial Benefit from Driving ...

  • Jun 22, 2020 · Motorists can save as much as $14,500 on fuel costs over 15 years by driving an electric vehicle instead of a similar one fueled by gasoline ...

  • Motorists can save as much as $14,500 on fuel costs over 15 years by driving an electric vehicle instead of a similar one fueled by gasoline, according to a new analysis conducted by researchers at the U.S. Department of Energy’s NREL and Idaho National Laboratory.

4. Electric Vehicle Benefits and Considerations - Alternative Fuels Data Center

  • Although energy costs for electric vehicles are generally lower than for similar conventional vehicles, purchase prices can be significantly higher. Prices are ...

  • All forms of electric vehicles can help improve fuel economy, lower fuel costs, and reduce emissions.

5. EVs Offer Big Savings Over Traditional Gas-Powered Cars

6. Are electric or gas-powered cars a better deal? EVs may win, experts say

  • Apr 23, 2023 · That compares with 48 cents per mile for gasoline-only cars. However, a 300-mile-range all-electric vehicle ranked last, at 51.8 cents per ...

  • Electric vehicles tend to cost more upfront than gasoline-powered cars. But EVs may be a better financial deal for consumers over the long haul.

7. Costs and benefits of electric cars vs. conventional vehicles - EnergySage

  • May 30, 2023 · The average cost to operate an EV in the United States is $485 per year, while the average for a gasoline-powered vehicle is $1,117. The ...

  • Learn how electric vehicles compare to gas powered automobiles in terms of list prices, operating costs, range and miles per gallon.

8. Finally, here's the exact cost of owning an electric car vs gas car - The Hill

  • Jun 23, 2021 · One can save $8,000 more on an EV than a gas-powered car over 200,000 miles. The cost of owning an electric vehicle (EV) versus the cost of ...

  • EV vs. gas vehicles is literally a penny race.

9. Electric car charging cost vs. gas - Detroit Free Press

  • Oct 21, 2021 · For luxury cars that get 26 miles per gallon and using premium gas at $3.25 a gallon, the cost to drive an internal combustion car 100 miles is ...

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10. Analyzing Electric Car Cost Per Mile in Terms of Operating Efficiency

  • Mar 16, 2023 · This means that the cost per mile for an electric car is about 33 cents (13 cents divided by 3 miles per kWh). Gas-Fueled Cars: The average gas- ...

  • What Is Operating Efficiency? Operating efficiency is the measure of how effectively an electric car is able to turn fuel or energy into useful power. This efficiency is usually measured in terms of the miles per gallon (miles/gallon) or kWh required to drive a certain distance.

11. All-Electric Vehicles - Fuel Economy

  • Energy efficient. EVs convert over 77% of the electrical energy from the grid to power at the wheels. Conventional gasoline vehicles only convert about 12%–30% ...

  • All-electric vehicles (EVs) are efficient, produce no tailpipe emissions, and help increase energy security. See if an EV is right for you!

12. How much electricity would it take to power all cars if they were electric?

  • Dec 15, 2022 · Furthermore, a 2021 study by the DOE comparing the costs of driving gas-powered cars to EVs found that the average fuel cost savings for an EV ...

  • The US would need to produce 20-50% more electricity annually if all cars were electric vehicles.

13. What Cost Savings Can You Expect From an Electric Vehicle?

  • May 12, 2022 · If you drive 11,500 miles per year – the national average – you could save $600 or more in annual fuel costs by driving an EV instead of driving ...

  • Drivers in Maine and around the world are making the switch to electric vehicles. Electric vehicles, or EVs, are fun to drive, cheaper to operate, and cleaner for the environment. Efficiency Maine offers rebates to make the switch to an electric vehicle even easier. If you’re interested in buying an EV, we’d like to share some useful information about owning...READ MORE

14. EVs Cost 40 Percent Less to Maintain Than Conventional Cars, Energy ...

  • Jun 23, 2021 · The report finds that while gasoline-powered cars cost around 10 cents per mile on average to maintain, electric cars cost only around 6 cents ...

15. Cost of Electric vs. Gas-Powered Cars - Capital One

  • Fill up on fuel savings. First, look at how much money you'll save on gas with an electric vehicle. Across the country, charging your car is cheaper than ...

  • Learn about the costs of electric and gas vehicles. Find out if electric cars can, on average, save you more money than their gas-powered counterparts.

16. By The Numbers: What It Costs To Maintain An Electric Vehicle - Forbes

  • Oct 6, 2022 · According to the federal Office of Energy Efficiency and Renewable Energy, the estimated scheduled maintenance costs for an electric vehicle ...

  • Lower operating costs aren’t the only way an EV saves an owner cash over time.

17. Calculate Your Fuel Cost Savings from Switching to an Electric Vehicle

  • Missing: conventional | Show results with:conventional

  • We estimate that the average American driver can save close to $1,500 annually on fuel by switching to electric vehicles.

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