Think Buying an EV Will Save You on Gas? Better do the Math First

Published by
The Street

By Vidhi Choudhary Surging fuel prices are prompting more people to consider greener cars but the costs and savings are complicated. The price spike in commodities that has occurred since the Russian invasion of Ukraine began will probably send gas and food prices even higher. It has also peaked consumer interest in clean energy vehicles, according to car-shopping data website Edmunds. Online shopper visits for energy efficient vehicles, that do not run on gasoline primarily, including hybrids, plug-in hybrid and battery electric cars rose 39% in the four weeks to March 6 and increased 18% las…

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