Electric Vehicle Savings vs. Gas

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electric vehicles

vancouversun

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Can you save money driving an electric vehicle? UBC researchers crunched the numbers

Summary

Nutrition label

74% Informative

B.C. drivers must drive 64 kilometres a day for seven years to make an electric vehicle break even with the costs associated with the same model gas car.

In Nunavut , where electricity rates are higher, you would have to drive 181 km each day for an EV to be the cheaper choice.

The research took into account both capital costs, like the price of the vehicle and, in the case of EVs, the cost of a charging station minus rebates, as well as operating costs.

Clean B.C. EV rebate program gives British Columbians with incomes up to $80,000 a $ 4,000 rebate for a battery electric vehicle, and $ 2,000 for a plug-in hybrid.

The average price of an EV in Canada is $ 73,000 .

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formal

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English

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not offensive

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