Thursday, September 4, 2014

How much a mile of range costs in an EV based on MSRP

Steve Kaplan Marketing:

There were some pretty good discussions on whether buying a diesel or buying a hybrid was actually worth it. We wanted to take a slightly different approach with EVs. We created a metric to analyze the exact Cost Per Mile of Range (CPMR). This number is calculated by taking the MSRP of an electric car sold in the United States (2014 model year) and dividing it by the range on a single charge. Please note, we did not take state or federal tax credits into consideration for our analysis.


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