EV Owners Save $2,890 Annually
EVs (electric vehicles) are starting to take over. As of year end 2022, there were 72 fully-electric passenger vehicle models offered in North America, triple the number available at the end of 2021. EVs are no longer a niche, virtue-signaling product, but are becoming a realistic option for many mainstream vehicle buyers. By the third quarter of 2022 in the US, one out of every twelve vehicles sold was an EV, up from one out of every 42 in 2020. The increased adoption may be thanks in part to the considerable cost savings of driving an EV.