We’ve been publishing “total cost of ownership” comparisons — well, forecasts — for years here on CleanTechnica. Actually, the first ones I published were probably 7 years ago or so. As electric car technology (esp. battery technology) has improved, the comparisons have gotten more and more compelling. Nowadays, any of the most advanced, most competitive electric vehicles on the market should easily outperform their gasoline-powered class competitors while costing less (unless you drive very little). Consumer Reports agrees.
Also, whereas I have to couch my analyses in paragraphs of disclaimers and notes about assumptions and disclaimers about notes about assumptions or else I’ll get chewed out by people who think I’m being too friendly to electric vehicles, Consumer Reports just blurted it out with almost no nuance in the very beginning of its press release:
“Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gas-powered vehicles on the market.”
Continue reading… “Electric cars cost less to own- Consumer Reports agrees with us”