Though electric cars cost more to buy than gasoline-powered cars, they are much cheaper to operate. A gas-powered car’s engine converts gasoline into mechanical energy at an efficiency of 25%, while an electric car converts at an efficiency of over 80% (1). This means that per gallon/kilowatt-hour, an electric car will go three times as far. Because it requires less energy, it also requires less fuel. Also, assuming the price of gas continues to creep up, gasoline-powered cars will cost more and more to operate.
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