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Electric vehicle popularity is at an all-time high, but you’d never know it from reading the headlines. Vehicle electrification is expected to improve affordability for households as technology costs continue to decline, more models become available, and the used market continues to grow.
Atlas Public Policy published an analysis in March that compared the costs of owning the most popular gasoline vehicles sold in the US in 2023 with electric vehicle alternatives. They focused on 5 vehicle types: compact sedans, sedans, compact SUVs, mid-size SUVs, and pickups. They found that in every case, the total cost of owning an electric vehicle is lower than the gasoline-powered alternative. A companion fact sheet designed by NRDC notes that, over the past several years, the upfront costs of EVs…
Read the full article originally published at cleantechnica.com.
