Electric cars seen cheaper than gasoline models within a decade

News research reveals that soon, electric cars will be cheaper than their conventional gasoline counterparts.

BY JESSICA SHANKLEMAN, BLOOMBERG

Published: 26.05.17 at 13:49

Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.

Automakers from Renault SA to Tesla Inc. have long touted the cheaper fuel and running costs of electric cars that helps to displace the higher upfront prices that drivers pay when they buy the zero-emission vehicles.

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