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TDAF 2 points ago +2 / -0

This just in: Electric cars are more expensive than a regular car using cheap gas.

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MarcusAurelius 1 point ago +1 / -0

Not really. You get somewhere between 3 to 4 miles per kWhr for electric cars, depending how large it is.

Average cost in the US is 13.2 cents per kWh. That's like permanent ~$1 dollar a gallon gas.

But, you do pay more upfront for an electric car than a gas powered one. ROI is highly dependent on how many miles you put on it per year, but it will typically favor the electric car over the lifecycle as compared with a conventional engine.

I've done the math for someone who was trying to decide between a Model 3 or a Camry for his side Uber job, and the Model 3 came out strongly ahead.