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Mobility: Electricity instead of gasoline - how much does an electric car save on fuel costs?

Due to the Iran war, fuel prices are still at an all-time high. How much can be saved by charging instead of refueling? The Handelsblatt calculator shows it.

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Mobility: Electricity instead of gasoline - how much does an electric car save on fuel costs?

Gas station prices are reaching new heights with each passing day. Rising costs due to the Iran war and the subsequent blockade of a major shipping route, the Hormuz Strait, have led to the latest price increase for a liter of E10 gasoline. According to the ADAC, the average daily price reached a record of 2.286 euros per liter, just four cents away from its April high.

For people considering purchasing a new car, a new question arises: How much money could one potentially save with an electric car right now? The Handelsblatt has created a calculator that helps determine the annual savings when charging an electric vehicle compared to filling up with gasoline. To do so, you simply need to select the number of kilometers driven, the fuel consumption of the internal combustion engine, and the electric vehicle of your choice, as well as a year as a basis for fuel and electricity prices.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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