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In the long run, it is cheaper to own an electric vehicle — which is why so many Americans are ditching gas-powered cars when looking to add a new vehicle to their household.
Ben Nelmes, co-founder and head of policy at green consultancy New AutoMotive, said: “Even with rising electricity prices, EVs will continue to be much cheaper to run than petrol or diesel cars.
All electric cars tend to be more reliable than petrol or diesel cars as they have fewer moving parts. Nissan – which launched the first EV – has a good reputation for reliability. The verdict ...
Electric cars cost more to buy than conventional vehicles for now. But you may save money on maintenance in the long run, according to new data. Electric cars are more expensive to buy, but ...
Hybrid electric vehicles such as the Toyota Prius are not actually alternative fuel vehicles, as they still use traditional fuels such as gasoline, but through advancement in electric battery/supercapacitor and motor-generator technologies, they have an overall better fuel efficiency than conventional combustion vehicles. [2]
Improved road infrastructure required a greater range than that offered by electric cars, and the discovery of large reserves of petroleum in Texas, Oklahoma, and California led to the wide availability of affordable gasoline/petrol, making internal combustion powered cars cheaper to operate over long distances. [13]
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