A new analysis from AAA suggests that owning an electric vehicle remains more costly than driving a traditional gas-powered car, even as gasoline prices have surged to record highs. The report highlights that while fuel savings are a major selling point for EVs, other expenses like higher upfront costs and maintenance differences continue to offset long-term affordability. Experts note that the gap in total ownership expenses persists despite recent fluctuations in energy prices, raising questions about the financial viability of electric vehicles for many consumers. The findings could influence buyer decisions as the automotive market evolves amid shifting energy trends.
Even With Sky-High Gas Prices, AAA Says EV Ownership Still More Expensive Than ICE CarBuzz