High fuel costs are making electric vehicles (EVs) more expensive to own than gasoline and hybrid models, according to a recent AAA study. The research shows that while EVs still carry a higher overall cost of ownership, the difference is narrowing. AAA’s analysis highlights how the gap between EVs and traditional vehicles is closing as technology and market dynamics evolve.
Despite high fuel prices, EVs cost more to own than gas and hybrid models, but the gap is closing: AAA Automotive News