Average annual running cost savings of a battery electric car compared to a gasoline internal combustion engine car in select markets, 2020-2025

Sources

IEA analysis based on sources and assumptions listed in Annex C of this report and IEA’s Energy Prices.

Notes

BEV = battery electric vehicle. Gasoline prices include federal taxes. Electricity prices refer to residential rates. Running cost savings represent the annual energy cost savings associated with the sales weighted average battery electric car sold in each year, charged at home, compared to the sales weighted average gasoline internal combustion engine car.