Fuel Comparison Calculator
The US Department of Energy also provides an online reference to the current fuel prices versus the estimated EV price. Please click here to visit their page.
In the calculator below, enter the current miles per gallon of your car (MPG), your approximate annual mileage, and the cost of a gallon of gas (leaving out the $). Then use our side-by-side comparison to see how much money you could save by switching to an electric vehicle. Note: The current cost for an EV is about $0.03 per mile.
Spotlight: A Car Ahead of Its Time
Yes, you read that right. The first gas-electric car was built 115 years ago by then 18-year-old Ferdinand Porsche, during his tenure with Jacob Lohner and Company, Carriage Builders. It was fitted with nearly 4,000 pounds of lead-acid batteries charged by a gasoline engine. The batteries fed power to four separate electric motors, one of which was mounted to each hub. Lohner later said of his young employee, “he is a man with a big career ahead of him. You will hear of him again.”