Gas would have to get down around $0.50/gal just to break even with EV per-mile power cost.
Operating cost and total cost of ownership are two different things. That’s why fleet people who really understand this stuff (UPS, FedEx, WalMart, Waste Management, Republic, etc) have only dabbled with electrics, and most of that is virtue signalling.
“Gas would have to get down around $0.50/gal just to break even with EV per-mile power cost.”
Not at all.
EVs were using gas at $5.00 and electricity at 6 cents to try to show an MPGe of 110 mpge.
When gas dropped to $2.50, dropping the MPGe to 55 mpge, and then electricity is actually 12.5 cents on national average, dropping the MPGe to 30 at best, people understood the hype was a lie. It’s easy to lie with numbers.