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But the average transaction price for gas-powered cars in July was still cheaper at $48,401, ... As of May 2024, the average price for a used EV was $28,767, per an iSeeCars.com study.
The average transaction price of an electric car is now $56,437, according to Kelley Blue Book (KBB), which is about $10,000 more than the industry average. Of course, there's a pretty big spectrum.
Not anymore: the average price of a new car in the U.S. has skyrocketed to $50,000 — just $9,000 less than the average annual salary. ... gas-powered vehicles. EV battery technology is expensive ...
The following table compares official EPA ratings for fuel economy (in miles per gallon gasoline equivalent, mpg-e or MPGe, for plug-in electric vehicles) for series production all-electric passenger vehicles rated by the EPA for model years 2015, [1] 2016, [2] 2017, [3] and 2023 [4] versus the model year 2016 vehicles that were rated the most efficient by the EPA with plug-in hybrid ...
The EPA rated the Nissan Leaf electric car with a combined fuel economy of 99 MPGe, [9] and rated the Chevrolet Volt plug-in hybrid with a combined fuel economy of 93 MPGe in all-electric mode, 37 MPG when operating with gasoline only, and an overall fuel economy rating of 60 mpg-US (3.9 L/100 km) combining power from electricity and gasoline.
In August 2008 the US average spread between the price of E85 and gasoline was 16.9%, while in Indiana was 35%, 30% in Minnesota and Wisconsin, 19% in Maryland, 12 to 15% in California, and just 3% in Utah. [58] Depending on the vehicle capabilities, the break even price of E85 usually has to be between 25 and 30% lower than gasoline. [18]
Still, prices in the US haven't come down enough to make it cheaper to buy an EV than a gas-powered vehicle. The average cost of an electric vehicle sat at $56,371 in June, compared to gas-powered ...
An i3 charged with power from the Midwest grid would be as clean as a gasoline-powered car with about 50 mpg ‑US (4.7 L/100 km), up from 39 mpg ‑US (6.0 L/100 km) for the average electric car in the 2012 study. In states with a cleaner mix generation, the gains were larger.
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