After Russia’s invasion of Ukraine helped spur record-high gas prices at U.S. pumps, many have debated whether owning an electric car instead of a gasoline one could be a wise investment. In short, electric vehicles do tend to cost less in the long term than some of the most popular gasoline cars in the U.S., according to a February analysis by Atlas Public Policy. “You can’t really get out a calculator and do this at home,” Tom Taylor, policy analyst at Atlas Public Policy, told McClatchy News. “It’s really difficult.”
And indeed, it is. There are many studies and articles online comparing the costs of electric vehicles versus gas ones. But, Taylor warns, customers need to closely read these studies to truly understand what these numbers mean.
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