Please explain..

“This increased lifetime translates directly to a lower cost of ownership: extending an EVs life by 3–4 X means an EVs capital cost, per mile, is 1/3 or 1/4 that of a gasoline-powered vehicle”

I can see 4x EV miles => 1/4 EV capital cost per mile. How do you conclude anything about its cost relative to a gasoline-powered vehicle?

Based in Dallas, TX, USA. Entrepreneur. Software designer. Wine, food, and travel writer. Ph.D. in Economics. Soccer fanatic.

Based in Dallas, TX, USA. Entrepreneur. Software designer. Wine, food, and travel writer. Ph.D. in Economics. Soccer fanatic.