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Tribune News Service
Tribune News Service
Business
Cassandre Coyer

Can an electric car really help you save money as gas prices soar? What experts say

After Russia’s invasion of Ukraine helped spur record-high gas prices at U.S. pumps, many have debated whether owning an electric car instead of a gasoline one could be a wise investment.

In short, electric vehicles do tend to cost less in the long term than some of the most popular gasoline cars in the U.S., according to a February analysis by Atlas Public Policy.

“You can’t really get out a calculator and do this at home,” Tom Taylor, policy analyst at Atlas Public Policy, told McClatchy News. “It’s really difficult.”

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