Annual bill savings when switching to electric vehicles in key markets, 2021-2022

Last updated 2 Jun 2023

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Sources

IEA (2023), Energy Prices (https://www.iea.org/data-and-statistics/data-product/energy-prices). IEA (2023), Global Energy and Climate Model, (https://www.iea.org/reports/global-energy-and-climate-model).

Notes

The difference in fuel cost for a mileage of 12 000 km between gasoline fuelled and battery electric passenger vehicles based on average prices for gasoline and residential electricity. Columns refer to the range of bill savings for 19 major economies.

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