For EV drivers mostly relying on public, "fast" charging, their energy costs are getting extremely close to, and can exceed, the fuel costs of ICE drivers. The

For EV drivers mostly relying on public, "fast" charging, their energy costs are getting extremely close to, and can exceed, the fuel costs of ICE drivers. The main way for the energy costs to be cheaper for EV drivers relies on charging at home or at work where it may be subsidized/free. Using Anecdata from the United States The energy or fuel cost of driving an EV versus an ICE car varies primarily based on the following factors: - Where and When the EV is being charged (e.g. at Home versus at a Public Charging Station) - Cost of Electricity in the Region - Cost of Gasoline in the Region Let's use the state of California for an example and calculate the general fuel/energy cost per mile driven. Where and When: Some residential power customers are on time-of-use billing plans which typically charge premium rates during peak hours (daytime-to-early evening, and substantially cheaper rates during off-peak hours. Pricing can also go up by usage tiers. Some EV drivers are able to charge exclusively at home, and/or have subsidized charging at work. It's almost always more economical for the EV driver to charge at home/work, however home/office chargers will typically be limited to not-"fast" charging speeds (L1 or L2 charging). The average residential electricity rate in California is ~$0.30/kWh. Many Public EV charging stations offer "fast" (L3) charging speeds and are convenient or necessary to use for some EV drivers. Many California public EV charging stations also now have variable pricing based on time of day and their location. The rates can vary from ~$0.30-$0.50+/kWh at EVgo stations or Tesla Superchargers, as examples. Typical EV efficiencies I've seen are around 3.5-4.0 miles driven per kWh consumed. Assuming the upper end of 4.0 mi/kWh, the energy cost per mile driven is around $0.08/mi at the low end, and $0.13+/mi at the upper end with the above energy prices. If we assume an ICE or hybrid vehicle with average fuel economy of 35mi/gallon, and gasoline costs typically range from $4.50-$5.50/gallon, the fuel cost per mile driven is around $0.13/mi at the low end and $0.16+/mi at the higher end. For fun, if we took a typical Toyota Prius from the last 10+ years, with average fuel economy of 50mi/gallon, the fuel cost per mile driven is around $0.09/mi at the low end and $0.11+/mi at the higher end. The prices for Public EV charging fluctuate, as do the prices for gasoline. Generally, if someone is driving an EV and primarily relying on public "fast" charging, their energy cost per mile driven is really not that different from the ICE car examples, and higher than the average Prius driver. (I have an EV and ICE vehicles)