Yes, it is, by a decent margin at that. ICEs have a peak efficiency of only about 30%, and average 15-20%. And that's just in the engine. Powertrain losses for

Yes, it is, by a decent margin at that. ICEs have a peak efficiency of only about 30%, and average 15-20%. And that's just in the engine. Powertrain losses for ICE vehicles are a handful of percentage points higher than for EVs as well. Well-to-wheel efficiency for EVs is better than ICEs in every country except India currently.