What would happen if millions of Minnesotans ditched gasoline and started to drive on cleaner, cheaper electricity? A new report from MJ Bradley & Associates answers that question, demonstrating that Minnesota could realize upwards of $30 billion in avoided expenditures on gasoline and maintenance, reduced utility bills, and environmental benefits by 2050.
$9 Billion in Driver Savings
Driving on electricity in Minnesota is the cost-equivalent of driving on $1.17 per gallon gasoline and electric cars have fewer moving parts and less required maintenance. At levels of electric vehicle (EV) adoption that are consistent with meeting the stateâ€™s 2050 greenhouse gas reduction goals, those fuel and maintenance savings add up.