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gasoline car costsCNBC
•89% Informative
Electric vehicles generally cost more up front than gasoline-powered cars.
But they may cost less over their lifetimes relative to traditional cars due largely to lower prices for refueling and maintenance.
Whether or not EVs beat gasoline cars on total cost depends on factors such as EV model, where buyer lives and how they charge battery.
Likewise, longer-range EVs with a roughly 300-mile range, especially for smaller vehicles like compact cars and midsize sedans, "can be comparable" without incentives. However, the longest-range models — about 400 miles — generally aren't yet cost-competitive with gasoline vehicles, even with subsidies, it found..
VR Score
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