Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm

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Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
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It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.

FOX Business correspondent Jeff Flock reports on New York City’s electric vehicle charger shortage amid the state’s decision to ban gas-powered cars by the year 2035.saved more money at the pump than those driving their electric counterparts, according to a consulting firm.

The cost to drive 100 miles in a gas-powered car dropped by more than $2 in October, November and December 2022. And with electricity prices rising last year, mid-priced ICE cars became more economical than EV cars for the first time in 18 months, the firm said. for gas, diesel and electricity, as well as road taxes and fees, added costs to operate pump or EV charger and the cost to drive to a fueling station. The costs were calculated for vehicles driving 12,000 miles per year.

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