Rising fuel costs are prompting many drivers to consider electric vehicles as a potential long-term solution, but the upfront and ongoing expenses of owning an EV may not always justify the switch. While electric cars eliminate gas expenses, their higher purchase prices and maintenance costs—such as battery replacements—can add up over time. Experts weigh whether the savings on fuel and reduced emissions outweigh the financial trade-offs for average drivers. The analysis breaks down the real costs of ownership to help consumers decide if going electric is the right move for their budget.
Should you switch to electric? What it really costs to own a new car as gas prices rise WMUR