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New York City says electric cars are now the cheapest option for its fleet
by Michael J. Coren
Quartz Translate This Article
18 March 2019
On 18 March 2019 Quartz reported:
Electric cars are expensive. Yet the total cost of ownership can be far cheaper for all-electrics -- which is of particular interest to fleet owners, including municipal governments. While average car buyers look at the sticker price, fleet owners focus on lifetime costs (maintenance, fuel, and ancillaries). They want to know every penny they'll be spending over the course of a decade or so they might keep the vehicle. EVs, because of their low fuel (electricity) costs and relative simplicity (uncomplicated motors, fewer moving parts) are cheaper, on a relative basis, than their conventional counterparts.
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