Saturday, May 18, 2013

Driving an EV is like paying a buck a gallon, eternally

Driving an EV is like paying a buck a gallon, eternally



For those nostalgic for mullets, the Cosby Show and Oakland A's dominance, the Nissan Leaf may be for you.

Those late 1980s hallmarks harken back to the days of $1-a-gallon gas, and that's what you're in for - forever - if you drive a battery electric vehicle, says Green Car Reports, citing a study from Natural Resources Defense Council staff member Max Baumhefner.

Baumhefner found that, while oil and gas prices fluctuate because of various supply shocks and political shenanigans, electricity prices stay relatively constant, meaning that the cost of juicing up an EV isn't going to change much. Additionally, our friends at Green Car Reports found a Union of Concerned Scientists study that estimated that EV drivers can save as much as $1,200 a year in the form of lower refueling costs when... [via AutoblogGreen]