Sticker shock gets even the best of us, but a report from Pike Research says the low cost of electric vehicle charging, compared to traditional fuel, brings the total cost of ownership of electric vehicles below that of internal combustion engine vehicles!
Senior research analyst Lisa Jerram said electric battery vehicles have seen a resurgence recently, especially from fleet operations. One concern for fleet managers, though, is the cost of charging equipment.
Check out the full report here.
Source: Business Wire
Image: Ford Focus Electric via Ford