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Economy

Electric Vehicles Now More Costly To Operate Than Gas-Powered Cars

The average mid-priced gas-powered car cost around $11.29 to drive 100 miles, compared to the average mid-priced electric car, which cost $11.60 to go the same 100 miles.

White House via Twitter
President Biden in an electric Hummer. White House via Twitter
RUSSELL PAYNE
RUSSELL PAYNE

A new report found that in late 2022, a drop in fuel prices made gas-powered cars cheaper to drive than electric vehicles for the first time in 18 months.

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RUSSELL PAYNE
RUSSELL PAYNE

Mr. Payne is a political reporter at The New York Sun. He covers a broad range of topics including New York State and New York City.

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