An Open Access Journal
Table 4 Comparison of electric and gasoline vehicle costs
Urban electric vehicle | Gasoline vehicle | |||
|---|---|---|---|---|
Battery ownership model | Battery leasing model | |||
Initial Cost ($) | 15,000 | 9,000 | 23,000 | |
Operating Costs ($/mile) | Maintenance Cost (cents/mile) | 1 | 1 | 4 |
Fuel Cost (cents/mile) | 2 | 1.2 | 12 | |
Battery Rental Cost (cents/mile) | N/A | 8 | N/A | |
Infrastructure Cost (cents/mile) | 2 | 2 | N/A | |
Total (cents/mile) | 5 | 12.2 | 16 | |