There is an old saying, that, “There is no such thing as a free cat”.
Even if these battery EVs were to be given away practically for free, the cost of owning one is horrendous, both in its impact on the environment (which is GREATLY misrepresented), but on its effect on the economy as well. There is no infrastructure to support the increase in numbers of these vehicles, either in terms of electric power generation, or in numbers of charging stations to serve the existing numbers of EVs. The demands for the raw materials to manufacture the millions of lithium-ion battery arrays will surely escalate the cost of acquiring the additional supply to stratospheric levels, if the supply chains can be kept open at all. The man-hours spent while waiting for the batteries to recharge, and the incidental effects on both the vehicles and the charging stations of a rapid charge is likely to produce some spectacular fire outbreaks at huge cost just to restore service, and destruction of surrounding construction.
EVs powered by a lithium-ion battery array are a dead-end, both economically and from an engineering standpoint. The market is already totally saturated. And there is virtually no secondary market for used EVs.
EVs are the inkjet printers of the automotive world.
“EVs powered by a lithium-ion battery array are a dead-end, both economically and from an engineering standpoint. The market is already totally saturated. And there is virtually no secondary market for used EVs.”
Used Model 3 are going for 25,000 today I just looked at Carmax. I have a lease on a Model 3 LR it’s SIX times cheaper per mile every mile to drive vs the identically sized S60 that’s now sitting in the stable of vehicles in my steel building. 93 octane was $4.09 today if I paid for retail electricity it would cost me 8 cents per kWh I don’t I have paid off solar panels on my roofs plural. So 13 cents per mile vs 2 cents per mile if I paid for power I don’t I sell power to grid everyday. The cost to charge my Tesla is the lost revenue of power sales not retail rate.
My Tesla is going to turn a profit I don’t drive it everyday so I list it on Turo and a couple of other car sharing apps for $20+ hr rental rates. You can bring it back near empty don’t worry about charging it I’ll plug it in at the steel building once it’s home. One day of peer to peer rentals covers a week of lease costs it’s a genius set up. You just have to have the upfront capital to front the finance on the lease, insurance and charging solutions.There is a difference in being in the capital class vs not make no mistake on that. EVs are for the upper classes and capital class in their current form. If China is allowed to import $15,000 EVs at the sedan level then they will explode into the lower class markets. Until then they are best left as a second or in my case fourth vehicle. That said I love the FSD in the Tesla that tech alone is worth the purchase of the lease.