Electric Vehicles Cost Less Than Half As Much To Drive

Electric Vehicles Cost Less Than Half As Much To Drive

The Nissan IMx, an all-electric crossover concept vehicle offering fully autonomous operation and a driving range of more than 600 kilometers, was on display during CES 2018 at the Las Vegas Convention Center last week in Las Vegas, Nevada. (Photo by Alex Wong/Getty Images) Electric vehicles cost less than half as much to operate as their gasoline-powered counterparts, according to a study of fuel costs released Thursday by the University of Michigan. 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, according to the […]