As gasoline prices continue to soar, reaching unprecedented highs of $4 per gallon, the tide may finally be turning in favor of electric vehicles (EVs). With the cost of filling up a gas tank becoming increasingly unaffordable for many Americans, the economic advantages of EVs are becoming harder to ignore. EV owners save an average of $600 per year on fuel costs alone, and with the rising cost of gasoline, this savings gap is only growing wider. As consumers begin to weigh the financial benefits of EVs against the sticker shock of purchasing one, will the tipping point finally be reached, and will electric vehicles become the new norm?
Why $4 gasoline is the tipping point for EVs AOL.com