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How much it costs to drive an EV compared with a petrol car in the US

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A parking space for electric vehicles (EV) near EVgo fast charging stations in Redwood City, California, US, on Tuesday, Sept. 30, 2025. EVgo Inc., one of America’s biggest charging companies, is open to buying its rivals as the end of a key federal subsidy adds further strain to the struggling industry, according to Chief Executive Officer Badar Khan. Photographer: David Paul Morris/Bloomberg

In places where the petrol pump is cheap and the electricity you pay for at home is expensive, an efficient petrol car can beat out an EV.

PHOTO: BLOOMBERG

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The federal subsidy for electric cars has ended, which means electric vehicle (EV) sales will probably fall because of simple maths: Electric cars are generally more expensive than comparable petrol cars. Some carmakers are offering discounts to get around that.

But there is one place where EVs are usually cheaper: the cost of filling up.

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