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2024 RAM 1500 EV

TBDTBD

After Incentives

$44,000

MSRP

$45,000

Estimated Incentives

$1,000

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Type

Truck

Fuel type

Electric

Miles per 30 min of fast charging

Coming soon!

Battery size

168 kWh

Trees planted

422 trees

0-60mph acceleration

4 seconds

Seats

5 to 6

Electric range

350 miles

Time to charge - Level 2

Coming soon!

CO2 emissions reduction

20,236 lbs/yr

Gasoline saved

1,176 gal/yr

Drivetrain

Coming soon!

TBDTBD

Compare the RAM 1500 EV to the Ram 1500 Classic

Miles Driven Annually
20,000 Miles
Years of Ownership/Lease
5 Years
Gasoline Price ($/Gal)
$4.59
Assumptions

Sales Tax

7.25%

Down Payment

10% of MSRP + Tax

Electricity Rate

$0.3521/kWh

Electricity rate is calculated as the average for six months of summer off-peak and six months of winter off-peak for Rate EV-2A.

We selected the Ram 1500 Classic based on its proximity to the RAM 1500 EV based on brand, size, and price.

The RAM 1500 EV is $168 cheaper to fill up monthly

$282

RAM 1500 EV

$450

Ram 1500 Classic

The RAM 1500 EV is $12,005 cheaper to own over 5 years

Electric vehicles are currently often more expensive than traditional internal combustion engines. However, some of this upfront cost can be offset by vehicle incentives, lower costs of ownership, and stronger resale value
Years of Ownership/Lease
5 Years

Compare the cumulative lifetime cost of the RAM 1500 EV to a Ram 1500 Classic

RAM 1500 EV

Ram 1500 Classic

Years of Ownership/Lease
5 Years
YearRAM 1500 EVRam 1500 Classic
Year 0$44,000$42,555
Year 1$53,074$54,059
Year 2$58,886$62,478
Year 3$64,698$70,897
Year 4$70,510$79,316
Year 5$65,434$77,438

Note: Breakeven chart assumes the vehicles are purchased in cash

DescriptionRAM 1500 EVRam 1500 ClassicSource
Purchase MethodCashUser input
Vehicle MSRP$45,000$42,555
Sales Tax7.25%Statewide Base Sales and Use Tax Rate
Incentives$1,000$0
Resale Value$10,888$10,297Function of vehicle MSRP and lifetime miles of 100,000, assuming negative exponential depreciation with distance where resale value is 60% after 36,000 miles

For more details including specs & calculations, please view this page on desktop.

Up to $1,000 in tax credits and rebates are potentially available for the RAM 1500 EV

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Mileage ranges are based upon estimates provided by EV manufacturers. Your range may vary based upon climate, region, traffic, car model, and automobile conditions. Data from the Alternative Fuel Data Center may not reflect latest availability. Please confirm availability of charging stations before commencing your journey. Submit suspected missing charging stations here.

public charging

Power Stations

Level 2 Chargers

private charging

Other Stations

Private stations

EV solutions provided by ZappyRide, a J.D. Power business.
Figures shown on this page are estimates based on data provided by third-parties. This material is provided for informational purposes only and should not be relied on for tax, legal, or financial advice. Neither J.D. Power® nor PG&E provides tax, legal, or financial advice. You should independently verify the estimates provided here before engaging in any transaction.
“PG&E” refers to Pacific Gas and Electric Company, a subsidiary of PG&E Corporation. ©2020 Pacific Gas and Electric Company. All rights reserved. These offerings are funded by California utility customers and administered by PG&E under the auspices of the California Public Utilities Commission.

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Please provide feedback to help improve the EV Savings Calculator
EV solutions provided by ZappyRide, a J.D. Power business. Figures shown on this page are estimates based on data provided by third-parties. This material is provided for informational purposes only and should not be relied on for tax, legal, or financial advice. J.D. Power® does not provide tax, legal or financial advice. You should independently verify the estimates provided here before engaging in any transaction.
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