Efficiency can cut EV prices by $5k, charging costs by nearly a third

Increased EV efficiency isn’t just better for the environment. It’s also better for owners’ wallets, reports the American Council for an Energy-Efficient Economy (ACEEE). In a new white paper, the group notes that boosting efficiency allows for smaller battery sizes, which in turn cuts costs. Most EVs average 2.5 miles per kwh, according to the…