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this post was submitted on 12 Sep 2023
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It looks like you can construct scenarios where ICE cars are cheaper than EVs by a fine margin, for instance a mid-sized car that you own for just the wrong amount of time in a country with a high gas subsidy (the United States, for instance) that you don't drive much. However, for most scenarios, it seems you'll save 10-15% on the total cost of ownership.
The acronyms TCO (total cost of ownership), ICE (internal combustion engine) and EV (electric vehicle) may help you should you decide to continue research on your own.
Source: https://nickelinstitute.org/en/about-nickel-and-its-applications/nickel-in-batteries/total-cost-of-ownership-tco-for-electric-vehicles-ev-vs-internal-combustion-engine-vehicles-ice/
Interesting read thank you so much.