Jan 26, 2026
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Methodology for equivalent fuel price calculations

To compare the running costs of EVs vs. petrol cars in a way that is accessible for everyday folks, we created an “equivalent fuel price” for EVs, in $/L, by taking into account the energy consumption and electric : petrol motor efficiency ratios. This allows for an apples-to-apples comparison against traditional fuel pump prices. Here's how we did it.

Petrol fuel price

Equivalent “fuel” price for EVs

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