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Electric vehicle sales are skyrocketing

Americans bought 40,000 new electric vehicles in the first six months of this year — more than twice the number purchased during the same period last year. And that was after sales of plug-in cars tripled from 17,000 in 2011 to 52,000 last year.

Why are Americans so gung-ho on EVs? Caring about the environment is one reason. But the Energy Department highlighted another good reason on Friday when it released the plug-in sales data. From a department press release:

The eGallon, a quick and simple way for consumers to compare the costs of fueling electric vehicles vs. driving on gasoline, rose slightly to $1.18 from $1.14 in the latest monthly numbers, but remains far below the $3.49 cost of a gallon of gasoline.
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