Electric vehicles (EVs) are becoming more affordable as the technology improves and the cost of making EV-specific components like batteries and motors comes down. But while new electric vehicle (EV) prices are decreasing, they are still more expensive than comparable gas and hybrid models and may be out of reach even with government rebates. One
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Electric vs Gasoline Car Costs
For now, the initial purchase price of an EV car is higher than a similar-sized gas-powered car. However, the yearly savings on fuel and maintenance costs make buying an electric car a very interesting option.
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