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Electric Cars Are Better for the Planet â and Often Your Budget, Too
768 Electric vehicles are better for the climate than gas-powered cars, but many Americans are still reluctant to buy them. One reason: The larger upfront cost. New data published Thursday shows that despite the higher sticker price, electric cars may actually save drivers money in the long-run. To reach this conclusion, a team at the Massachusetts Institute of Technology calculated both the carbon dioxide emissions and full lifetime cost â including purchase price, maintenance and fuel â for nearly every new car model on the market.