Report: Electric Cars Already Cheaper To Own In Europe Than Gas/Diesel Cars
The International Council for Clean Transportation (ICCT) has released a report which says electric cars are already cheaper to own than conventional cars. How do they know that? They tracked four models of the Volkswagen Golf — electric, plug-in hybrid, gasoline, and diesel — in the UK, Germany, France, the Netherlands, and Norway over four years. They found the electric version of the Golf cost less to own that the other three models, due in large part to a combination of lower taxes, lower fuel costs, and incentives.