Sentences with phrase «savings over gasoline»

Until 2012, the idea of an electric car faced not only the technical challenges of building one but also the significant consumer hurdle of buying something without knowing the actual savings over gasoline.

Not exact matches

Although $ 2.20 per gallon does not represent a large savings over the current price of gasoline in the United States, Long cautions consumers and politicians to look at the bigger picture.

Sure, buying a hybrid that goes 70 mpg costs a bit of an arm and a leg right now, but over the long run, the savings on gasoline will more than make up for this initial cost.

Tesla estimate fuel savings of about $ 10,000 over 5 years compared to a gasoline vehicle, so actual price of ownership over 5 years could be $ 62,500 (minus any state or local incentive).

Second, hybrid gasoline - electric vehicles now on the market show substantial fuel savings over their conventional counterparts.

The plug - in hybrid's fuel - cost savings over traditional gasoline - powered vehicles would save these 4 million consumers approximately $ 4.2 billion a year at today's average gasoline price of $ 3 per gallon when compared to 15 cents per kilowatt - hour of electricity for 14,400 miles driven annually.