Save Thousands Of Dollars a Year Driving an Electric Car


Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Editor’s note: In the article below, the writer uses the term “up to” several times in discussing potential yearly savings from driving an electric car. I understand the temptation to use such phrasing, and ... [continued]
CleanTechnica 3:32 am on April 19, 2024


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The U.S. Department of Energy shares that driving an electric car can save thousands of dollars annually. This is due to several factors, including lower fuel and maintenance costs compared to gasoline-powered vehicles.

  • Lower fuel costs: Electricity is generally less expensive than gasoline.
  • Reduced maintenance: Electric cars have fewer moving parts leading to lower maintenance costs.
  • Government incentives: Various federal, state, and local incentives exist for electric vehicle owners.
  • Energy efficiency: Electric vehicles convert energy from the grid more efficiently than internal combustion engines.
  • Long-term savings: Lower upfront costs for some models and long-term savings make electric cars a financially sound choice over time.

https://cleantechnica.com/2024/04/18/save-thousands-of-dollars-a-year-driving-an-electric-car/

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