Research done by Consumer Reports finds that EVs are a cheaper alternative to gas-powered vehicles over time.
Sept. 28, 2020—Research put out by Consumer Reports has found that electric vehicles cost significantly less to maintain than gas-powered vehicles.
Electric vehicles are often more expensive than their gas-powered counterparts, but data has shown that EVs cost less for drivers over time. The primary reduction in cost is due to the fewer moving parts in EVs, which mean less maintenance work and fewer dollars spent for upkeep over time.
Consumer Reports notes, "It has long been well known that EVs are cheaper to maintain than their gasoline-powered counterparts," says Chris Harto, Consumer Reports' senior analyst for transportation and energy. "But this is the first time we’ve had enough hard data from actual EV owners to prove the point."
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