Case Study #2: Electric Car Cost Analysis Analyze the cost of operating an electric passenger car versus a conventional (gasoline powered) car. This analysis should be detailed; including not only the difference in mileage but also the cost of energy (gasoline versus electricity). For your total cost, make sure you include the net purchase price of the vehicle (reflecting any tax credits or incentives). EXAMPLE: EV: (2022 Tesla Model 3): Purchase price: (Base MSRP) $45,000. Mileage: 4 miles per kwh of electricity Energy cost: $.15/kwh (electricity) Your analysis should show: Gasoline Powered: (2022 Toyota Camry) Purchase price (Base MSRP) $26,870. Mileage: 33 miles per gallon Energy cost: $3.50/gallon (gasoline) Average annual cost of fuel (or electricity) for the car. (Base your cost on driving 12,000 miles per year. Average cost per mile for fuel (or electricity). Also, consider factors such as the number of available charging stations, re-charging time for the car, and resale value of the electric car vs the conventional car. (Base your analysis on owning the car for ten (10) years.) You can use as many different cost factors as you want. The objective is to arrive at the most accurate total cost comparison of the two types of vehicles. I prefer that you put your comparison in a side-by-side format, ideally on an Excel spreadsheet, so you can compare "apples to apples".