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Why EV Economics Flip When You Cross a Border: Regional Market Variations Unpacked
The Geographic Cost Paradox: Electricity Prices Reshape EV ROI According to the U.S. Energy Information Administration, the average residential electricity price in 2023 was 13 cents per kilowatt-hour, while Eurostat reports 22 cents in the European Union and the Japan Ministry of Economy cites 15 cents in East Asia.