Nice infographics, comparing the Ford F150 ICE and EV on total cost of ownership,
Data Inputs
- This analysis was carried out with the Fleet Procurement Analysis Tool using the following inputs:
- The gasoline powered vehicles were selected based on IHS Markit sales data for 2021.
- A potential Build Back Better EV tax credit was not factored into the cost. The existing $7,500 tax credit was factored in where applicable.
- Home charging was assumed to be 88 percent. This was taken as a midpoint of a range provided in a report from the National Renewable Energy Laboratory.
- Public charging costs drew from Electrify America charging prices.
- The manufacturer's suggested retail price (MSRP) of vehicles was drawn from FuelEconomy.gov.
Total Cost of Ownership Analysis
- Expected years of use was assumed to be eight years at an average of 15,000 miles driven per year.
- No charging equipment costs were factored into the calculation.
- No climate costs or benefits were factored into the calculation.
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