With soaring gas prices, some EVs now pay for themselves in a year.

You might pay more upfront for an electric vehicle, but with lower fuel and maintenance costs—and a $7,500 tax credit—they can be a better deal than cars that run on gasoline.

You might pay more upfront for an electric vehicle, but with lower fuel and maintenance costs—and a $7,500 tax credit—they can be a better deal than cars that run on gasoline.