Quote:
Originally Posted by Street Pharmacist
Here's an easy calculation for you to understand.
Let's use a Hyundai Kona as a good comparator as it has both EV and ICE drive trains on the same chassis.
Kona EV uses 17.1 kWh per 100km
Kona ICE uses 7.5L per 100km
So 7.5L of gasoline goes as far as 17.1 kWh
Even at the highest average electricity rates inclusive of transmission and distribution ($0.33/kWh) and the lowest gas prices ($1.10/L) it's much cheaper in an EV:
EV: $5.64 to go 100km
ICE: $8.25 to go 100km
Using actual current rates:
EV: $2.80/100km
ICE: $9.23/100km
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If you can charge at home, it's definitely cheaper.
If you charge at a quick charge station, it's probably more expensive.
If cost per mile/km is the only factor you are looking at