That's what Ford claims and it will hold true when you factor in savings from not having to rely on gas. Only catch is that you'll have to wait a number of years before you finally break even with the high MSRP of a gas version. https://www.thetruthaboutcars.com/2020/09/electric-f-150-will-be-far-cheaper-to-own-than-gas-model-claims-ford/