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How much money EV ownership saves depends on where you live

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A new University of Michigan study compares the cost of ownership for EVs and internal-combustion vehicles across 14 U.S. cities, finding that the path to cost parity between the two varies by region. The study found that the total cost of ownership for a 300-mile midsize electric SUV varies by $52,000 across all the cities studied. EVs were most…

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