Feature: 3 Lesser-Known Differences Between EVs and ICE Vehicles
Electric vehicles and conventional (internal combustion engine—ICE) vehicles have one main difference—their fuel source.
Electric vehicles and conventional (internal combustion engine—ICE) vehicles have one main difference—their fuel source.
Electric vehicles are quickly growing in popularity, and many states around the country are actively encouraging residents to purchase electric vehicles.
The best way to get more MPG out of cars is to tax fuel, according to researchers at the Massachusetts Institute of Technology. They published a study in the journal Energy Economics (Volume 36, March 2013, Pages 322–333) that showed that fuel economy standards (such as the ones now in force in the U.S. ) cost at least six times as much (and up to 14 times as much) to reduce gasoline use as would a tax on the fuel. They added that a fuel economy standard is an expensive mechanism to reduce greenhouse gas emissions (GHG) and raises the cost of a cap-and-trade policy, such as the one just starting in California.