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Authored by: Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst Approach As in the first edition, AEG calculated all four categories of costs involved in fueling both EVs and ICE vehicles across benchmark use cases that reflect real-world driving conditions for U.S. households. The costs included: The cost of the underlying energy (gasoline […]
Methodology and Assumptions Methodology The methodology we use here is the same we have employed numerous times, including most recently in the UAW-GM strike in 2019. It involves: Identifying the specific cause, and the directly-affected employers and workers. Identifying the number of workers in affected facilities or segments of the industry. Estimating a share of […]
This report has been updated. Please see the Second Edition of this report, released April 6, 2022. (First Edition, 2021) Electric Vehicles can be more expensive to fuel than their internal combustion engine counterparts Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst The automobile industry is on the cusp of the biggest […]
Note: This release refers to the First Edition of this report. The updated Second Edition, released April 6, 2022, can be found here. 6 months of independent research finds fueling costs for electric vehicles (EV) are often higher than for internal combustion engines (ICE) East Lansing, MI–October 21, 2021: Anderson Economic Group released […]
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