2024
DOI: 10.1111/jiec.13463
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Electric and gasoline vehicle total cost of ownership across US cities

Maxwell Woody,
Shawn A. Adderly,
Rushabh Bohra
et al.

Abstract: Vehicle electrification can significantly decarbonize the transportation sector. Widespread adoption of electric vehicles (EVs) depends on their cost relative to conventional alternatives. Here we compare the total cost of ownership (TCO) of gasoline, hybrid, and electric vehicles. First, we review previous TCO studies, showing that the components (e.g., purchase price, financing, taxes, fees, insurance, refueling, maintenance, repair, and home charging equipment for EVs), parameters (e.g., vehicle miles trave… Show more

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