Posted on 12/28/2021 8:40:56 AM PST by RicocheT
Compelling new evidence reveals a disconnect between the metrics used to analyze fuel costs and the realities that EV drivers face on the ground.
The More You Consider, the Worse EVs Look Again, the new research is just the first installment in a larger series, but its results are undeniably head-turning. The study found that:
Commercial charging rates are two to four times higher than residential rates.
Level 1 chargers cost an average of $600 to install and can take 20 hours to fully charge an EV.
Level 2 chargers are much faster but cost $1,600.
“Full charge” is a misleading term because charging past 90% is slow, difficult and unadvised, which means you get far fewer miles than the advertised ranges would have you believe. Gas vehicles, on the other hand, are good for 300-400 miles per tank.
Considering all of those factors, and presuming a greater reliance on commercial charging, it would cost $8.58 to fuel a mid-priced gas car that gets 33 mpg for 100 miles at $2.81 a gallon. Comparatively, a mid-priced EV — Tesla Model 3, Nissan Leaf or Chevy Bolt — would cost $12.95 per 100 miles.
Annually, presuming 12,000 miles driven, it would cost $1,030 to drive a gas car versus $1,554 for an EV.
This article originally appeared on GOBankingRates.com: Which Really Costs More: Charging an EV or Filling Up Your Tank With Gas?
(Excerpt) Read more at yahoo.com ...
UBER driver, 424k miles NO OTHER MAINTENANCE!
“NEVER ARGUE WITH STUPID PEOPLE.”
I won’t argue with you. However I will call out your false posts.
“this is on the NEW battery...”
UBER driver with 424k miles!
NO OTHER MAINTENANCE!
$2500 saved on oil changes alone.
My time is valuable. Thus the false assault on ICE vehicles prompts me to always park in a charging space.
Nothing will change for me in terms of EVs until they revolutionize battery technology and bypass the hypocrisy of the ‘green’ status of lithium & RE mining.
Until then, I’m hip to hydrogen. But getting access to Lithium-6 (for storage) will take an act of Congress.
Where does the electricity for the charging stations come from?
2.81 a gallon? What planet is that price on?
2.81 a gallon? What planet is that price on?
Actually, Pre-Bidon it was considerably lower than that. That number sounds like not-California, and not-Northeast.
It’s in north Georgia and SW North Carolina. Walmart and gas stations at major grocery stores $2,81. Gas stations around town used by locals compete to this price point. Gas stations on the highways snag travelers passing through town at $3 plus.
On Oct. 21, 2021, ... study, which was six months in the making.
$2.59 today at the Walmart here in Central Texas ...
I have no plans on owning an EV, but this article is playing pretty loose with the facts to make its point as far as I can tell, i.e. factoring the cost of a charger in how much it costs to drive 200 miles, without explaining how long a charger might last and laying bare all the facts. Seems more like they started with a conclusion and twisted the facts to support it.
there is no theoretical reason for an EV to cost more than an ICE.
Actually, we don’t know how long the batteries typically last, nor how well the newer of the cars hold up. They haven’t been around long enough. At best we’ve got a list of the early failures.
Good question. Gas hasn't been that inexpensive here in Aiken County, SC since last July.
Another thing: I have a friend who bought a Nissan EV earlier this year. This guy is really into virtue signaling, or as it used to be called, bragging. When he called me on the phone to tell me about his purchase, he went on and on about how the car was saving him money. No gasoline, no oil, no tune ups, less wear on brake pads (the car uses reverse EMF on the motors when you're slowing down to stop, thus less wear), etc.
He went on and on, chewing on my ear about how smart he was by buying an EV. Then he really calmed down when I asked how much it would cost to replace the battery? He said, "At least $8,000." I suggested he figure in that cost when figuring how "cheap" the EV was.
He wimped out by pointing out he would trade the car before the battery needed to be changed. And I pointed out, "Of course a potential buyer would fail to include that in your price?" He said yes. 'Nuff said.
I got gas at COSTCO today for 2.69/gal.
And yes I know COSTCO is not approved by FR.
Which costs more NOW is irrelevant. What’s important is how much ROAD TAX the gummint will impose on battery-only EVs when they see gas tax revenues falling off.
And it will be substantial because they know most BEV drivers switched because they’re virtue-signalling and will bear up under the new tax rather than risk losing their apostleship in the WOKE church.
Indiana has already upped yearly registration fees for evs and hybrids for that reason.
The first “plug-in” Prius hybrids came out in 2012 with a much larger 4.4 kwh battery with a range on battery power alone of 11 miles.
They used to send it off to China to burn, but the air is so dirty there now that China stopped taking our garbage (a few years ago), so now they just dump it.
On a pure cost per mile basis, it all depends on the cost per kWh, and there’s no good reason to think that with the leftist “green” revolution it will stay anywhere near today’s prices. In Germany it’s about $0.35/kWh, which puts the cost per mile near to that of even large ICE vehicles at $2.50/gallon. With Cali prices creeping up into the 20s/30s cents, especially for daytime use, it’s not that far off.
But that doesn’t even account for the price premium for EVs, added sales and property taxes on that premium, higher depreciation, and, of course, all of it made worse in cold weather and with predominant highway use.
My takeaway here is that it just depends on what you want: there’s no significant savings on road use costs for EVs, and, even if there were, other costs chip it away. Gasoline ain’t going away. But I get that others want their electrics — just don’t force it on the rest of us, especially with exaggerated claims on road use savings and how it will save the planet.
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