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The original was posted on /r/cars by /u/cbf1232 on 2024-01-09 17:45:14.
Interesting article I came across recently, basically the upshot is that whether or not an EV costs less than an ICE (total cost of ownership over 25 years) depends on which city you live in, whether you can charge at home, and whether you get time-of-use discounts on power rates.
Some takeaways I found interesting:
- If you can charge at home, even in the worst-case cities the total cost of ownership of an EV is only slightly worse than an ICE.
- If you can’t charge at home an EV is usually the most expensive option.
- In most cities a hybrid is currently the cheapest option in terms of overall cost of ownership.
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