The higher up-front cost of an EV can be justified when you consider the lower running costs. If gasoline costs more and outpaces any rise in electric costs, the running costs gap is that much wider and the up front costs are easier to overlook
How many people can’t finance that though, they are going to be on a ridiculously high interest loan that will way outstrip the fuel savings.
The second hand market won’t be there for years (you can get a just about works petrol car ridiculously cheap) and who knows what their batteries will be like at that point
The cost on a same-same ICE is nowhere near the cost difference. Even over the long term the EV value falls off a cliff as the battery approaches zero so you can’t claim the cost back at the secondhand sale.
For example Korean sedan to Korean EV say Hyundai sonata ($40,000) vs IONIQ6 ($82,000 after gov rebates) is a difference of $42,000 just comparing up front costs. Fuel cost is (250x8.1(L/100)) is 2,025 x $1.8 is $3645 per year all in AUD and km.
The more these overstaments are made the less credibility is given to the discussion of decarbonising the transport network. We need honest, cards on the table discussions. That’s my math. What’s yours?
You need to get out and touch grass. There is more missinformation (and disinformation) about EVs than factually correct information. No one is willing to have a real discussion because the cult is regurgitating the misinformation and big oil disinformation. Right now EVs are for the rich and the lithium would be better being used on solar farms to clean the electricity grid.
Are you working out all the prices in Australian fun bucks?.. Because an ioniq 6 is not $82,000 usd for any of the trim levels and after running comparable TCOs vs fuel it will start paying for itself after the 15 year mark (well within the expected useful lifespan of a modern temperature controlled lithium pack (old EVs had significant degrading from temperature fluctuations, but new packs level off at about 10-20% wear now for an expected lifespan of 25-40 years >80% SOC)). Biggest downside is tax, payments, and higher than usual insurance which I’m not including in the TOC Calc because it’s so varied based on location that it’s hard to estimate.
Ah yes those fuel subsidies keep the up front cost of vehicles so high… (sarcasm)
Get a new one liner that’s contextually correct. Or is that the point, to be a pointless broken record.
The higher up-front cost of an EV can be justified when you consider the lower running costs. If gasoline costs more and outpaces any rise in electric costs, the running costs gap is that much wider and the up front costs are easier to overlook
How many people can’t finance that though, they are going to be on a ridiculously high interest loan that will way outstrip the fuel savings.
The second hand market won’t be there for years (you can get a just about works petrol car ridiculously cheap) and who knows what their batteries will be like at that point
Said no one ever who has done the math.
The cost on a same-same ICE is nowhere near the cost difference. Even over the long term the EV value falls off a cliff as the battery approaches zero so you can’t claim the cost back at the secondhand sale.
For example Korean sedan to Korean EV say Hyundai sonata ($40,000) vs IONIQ6 ($82,000 after gov rebates) is a difference of $42,000 just comparing up front costs. Fuel cost is (250x8.1(L/100)) is 2,025 x $1.8 is $3645 per year all in AUD and km.
The more these overstaments are made the less credibility is given to the discussion of decarbonising the transport network. We need honest, cards on the table discussions. That’s my math. What’s yours?
I paid $37,880 for my Model 3, and got a $7500 tax credit. I do not believe there’s a $30k car that can compete with the base model 3.
Said everyone that I know that bought an EV.
You need to get out and touch grass. There is more missinformation (and disinformation) about EVs than factually correct information. No one is willing to have a real discussion because the cult is regurgitating the misinformation and big oil disinformation. Right now EVs are for the rich and the lithium would be better being used on solar farms to clean the electricity grid.
I’m willing to have one, I thought we had one, but you are just starting to talk about cults …
Are you working out all the prices in Australian fun bucks?.. Because an ioniq 6 is not $82,000 usd for any of the trim levels and after running comparable TCOs vs fuel it will start paying for itself after the 15 year mark (well within the expected useful lifespan of a modern temperature controlled lithium pack (old EVs had significant degrading from temperature fluctuations, but new packs level off at about 10-20% wear now for an expected lifespan of 25-40 years >80% SOC)). Biggest downside is tax, payments, and higher than usual insurance which I’m not including in the TOC Calc because it’s so varied based on location that it’s hard to estimate.
Learn to have a discussion with people without being a dickhead about it.
Good point, just delete the second paragraph…