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By Shane Lasley
Metal Tech News 

Annual EV fuel savings average $450 in US

When, where, and how batteries are charged factor into costs Metal Tech News Weekly Edition – June 26, 2020

 

Last updated 7/10/2022 at 2:39pm

Tesla Model 3 electric vehicle overnight off peak hours charging saves money

Tesla

EV owners who charge their vehicles at home during off-peak hours enjoy the highest fuel cost savings.

An electric vehicle owner may be able to save a car payment or two per year due to the lower costs of powering up an EV compared to driving a similar gas car, according to a new analysis conducted by researchers at the U.S. Department of Energy's National Renewable Energy Laboratory and Idaho National Laboratory.

While weighing the costs of buying an EV compared to a similar internal combustion...



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