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 state’s 2050 greenhouse gas reduction goals, those fuel and maintenance savings add up.