Based on recent studies, gas-powered cars are only cheaper than EVs in specific charging scenarios or older data:
- 2024 J.D. Power Study: Electric vehicles are cheaper to own than gas cars in 48 of 50 states over five years, implying gas is only cost-effective in two unspecified states (likely due to local fuel/electricity pricing or incentives).
- Charging Dependency: While home-charged EVs are cheaper in all 50 states, using fast public chargers (2-3x more expensive than home charging) could eliminate savings in states with narrower cost gaps, such as California (where gasoline and electricity prices are both high).
- Older Comparisons: A 2016 snapshot (using $2.20/gallon gas and higher electricity rates) still showed EVs cheaper in all states, but newer data suggests gasoline price volatility could temporarily reverse this in rare cases.
Conclusion: No states currently show home-charged EVs as more expensive than gas cars, but reliance on public fast charging or transient fuel-price fluctuations could narrow or reverse the gap in specific cases.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-states-where-gas-powered-cars-are-cheaper-than-evs/
