An analysis done by the International Council for Clean Transportation (ICCT) compares a typical european internal combustion engine car, the hybrid car with the best fuel economy (2019 Toyota Prius Echo), and a electric car (Nissan Leaf). The results indicate that the electric car is far more fuel efficient than both the standard car and the hybrid. Additionally, a University of Michigan study found that on average, an electric vehicle is 50% more cost effective than a gas powered car.
However, actual consumer behavior shows that people don't want to buy an electric car, and this can be attributed to the lack of intrest. Electric cars don't have the prestige that comes with good old fashioned, gas-powered cars or expensive sports cars. Electric cars are a smart purchase both for your pocket and for the planet, and there needs to be an effort made to showcase their practicality and supremacy, to finally get the attention and buyers they deserve.