This is surprising. I thought one of the big selling points for electric-powered vehicles was a lower cost to run. https://www.andersoneconomicgroup.com/cars-gas-powered-cheaper-to-fuel-than-electric-in-late-2022/
I thought so too. Were there not like "eMPG" ratings or something like that were supposed to give you the equivalent of MPGs based on some kind of conversion ratio? They would typically be over 100, whereas even hybrid ICEs might get in the 50s or lower, that sort of thing?
Gas-Powered Cars Cheaper to Fuel than Electric in Late 2022 ---> ICE Cars Cheaper to Fuel than EV cars in Late 2022
Say what?.... But that's ridiculous. All these are major variables that would significantly modify their headline. The only situation where this could maybe be true (not considering other cost factors) would be in an area with unusually low gas prices coupled with unusually high electricity prices. I'm too lazy to research the break even point for low cost vehicles but a quick Google search shows that NYC has the nation's highest electricity rate of $0.17 per kWh while NY state gas avg is $3.48. But their study takes nonsense variables like distance to refill, so one would have to assume living in an apartment (fair enough in NYC) where the closest charging station is far, while the ICE vehicle would have a gas station across the street and it's a Costco where gas is cheapest... That's why there's such a measure as EPA despite its accuracy.
Electricity prices are significantly higher in New York State (and higher elsewhere). https://www.energybot.com/electricity-rates-by-state.html
Ok, the average cost of electricity in the US in 2021 was $0.1118 and the average cost of gas was $3.41. Quick averages: 100mi/25mpg (us avg) = 4*$3.41/gal = $13.64 for ICE. 100mi/3.3mi/kWh*$0.1118/kWh = $3.39 for EV.
Should be a "time cost" for EVs... you know, the time you spend "waiting to recharge".. the time you spend waiting in line to hook up to a charger plus the time it takes to recharge your battery?. Those are "time is money" costs, are they not? (Not a biggie if home charging is adequate for you, of course.)
You should really not post. Ever. Are their costs associated with driving to the gas station? ICE running expenses? Traffic? Driving time to destination, you fool? Can you fill your ICE tank in your garage?