Tuesday, 02 January 2024 12:17 GMT

Even Without Subsidies, Evs Still Cheaper Than Gasoline Cars Long Term


(MENAFN- Investor Brand Network) Recent research has revealed that electric cars are still more affordable than internal combustion engine (ICE) cars over the long term despite the federal $7,500 rebate for EVs being phased out. The Big Beautiful Bill fundamentally altered the EV ownership equation and raised questions about whether gasoline cars now make more economic sense.

The numbers say it all. Entities like Massimo Group (NASDAQ: MAMO) can leverage the long-term cost efficiency of EVs to make a...

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