It’s true that at present, electric cars
on average tend to cost quite a bit more than a comparable gas-powered car. However, as electric cars become more popular, the price gap is closing. Keep in mind that electric cars are still relatively new to the marketplace, especially for the average consumer. The main discrepancy in production costs between electric cars and gas-powered cars lies with lithium-ion batteries, which are expensive both to source and produce.
Not only are gas prices
as a whole soaring, but some automakers are also phasing out the production of combustion engines altogether. Some studies project that in just a few years electric cars may even be cheaper to produce than vehicles that still rely on fossil fuels. If you can’t afford to go fully electric just yet, there is always the option to look into an affordable hybrid
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MORE: How to choose an eco-friendly car