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Topic: Electric Vehicle News Items

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Cincydawg

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Re: Electric Vehicle News Items
« Reply #154 on: March 27, 2022, 10:45:47 AM »
You can already add 100 miles of range in a few minutes at a supercharger, so it's not really all that bad, and many families have two cars and one is used solely around town.  The larger issue right now I think is the added expense, the money just doesn't work out, yet, except maybe in CA.



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FearlessF

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Re: Electric Vehicle News Items
« Reply #155 on: March 27, 2022, 10:55:45 AM »
Quote from: longhorn320 on March 27, 2022, 10:42:04 AM
I dont think we will see real big EV growth until the problem of how to recharge in the same amount of time to fill a tank with gas is solved

Being able to only use EVs around town is not enough
well, it certainly doesn't work in rural areas

of course not many folks live in rural areas, so not a great factor
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Cincydawg

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Re: Electric Vehicle News Items
« Reply #156 on: March 27, 2022, 11:03:31 AM »
A common household lives in the burbs, the man drives say 25 miles to work one way, the woman drives 20 miles doing errands and taking kids about, this is a bit of a stereotype.  The man can easily manage with an EV, but the price premium right now doesn't justify it.  I don't think it's range and charging time that is the main impediment.

It's $$$$$$$$.  Of course if gas hits $8 per, that would change.
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longhorn320

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Re: Electric Vehicle News Items
« Reply #157 on: March 27, 2022, 11:20:16 AM »
Quote from: Cincydawg on March 27, 2022, 11:03:31 AM
A common household lives in the burbs, the man drives say 25 miles to work one way, the woman drives 20 miles doing errands and taking kids about, this is a bit of a stereotype.  The man can easily manage with an EV, but the price premium right now doesn't justify it.  I don't think it's range and charging time that is the main impediment.

It's $$$$$$$$.  Of course if gas hits $8 per, that would change.
Thats what Biden and his buddies are counting on
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Cincydawg

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Re: Electric Vehicle News Items
« Reply #158 on: March 27, 2022, 11:24:09 AM »
There simply aren't enough EVs available right now to matter in the US even if we all wanted one.

There won't be enough to make any significant dent in gasoline demand for years.

Europe already has had very expensive has and EVs hardly have taken hold there, yet.
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longhorn320

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Re: Electric Vehicle News Items
« Reply #159 on: March 27, 2022, 11:34:41 AM »
Payback time with an EV

Travel 200 miles a week 

assuming a gas driven car gets 20 miles per gallon at $5 a gallon thats saving $50 a week saved on gas

Cost of EV is $30,000

50 goes into 30000 600 times or weeks to pay back cost of EV

payback time = about 12 years
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FearlessF

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Re: Electric Vehicle News Items
« Reply #160 on: March 27, 2022, 11:38:52 AM »
Quote from: FearlessF on March 11, 2022, 08:47:13 PM
How Much Does It Cost to Charge an Electric Car?

https://www.cars.com/articles/how-much-does-it-cost-to-charge-an-electric-car-447817/

Tesla Superchargers and other fast-charging networks like Electrify America and EVGo bill by kWh whenever possible, but you may also be billed by the minute depending on state regulations. According to Electrify America, “We believe pricing on a per-kWh basis offers a fair and consistent charging experience to EV drivers. We are working with regulators to follow the various processes that are required for us to provide EV charging on a per-kWh basis.”

Exclusively using DC fast chargers when it’s not complimentary — as with our Model Y — would shrink cost savings versus charging at home. Frequent DC fast charging is also not recommended as it can degrade battery health more quickly. Exclusively Supercharging would cost $84 to drive a Model Y 1,000 miles at $0.30 per kWh, versus $39.54 at home, using EPA combined efficiency figures.

Electricity Vs. Gasoline Costs
When charging at home, EVs are more affordable to refuel versus comparable gasoline cars, but don’t confuse that with electric cars being immediately cheaper to own because, at the moment, the extra expense related to buying an EV and installing home-charging equipment doesn’t make a quick payoff a sure bet. Relative to your existing electrical bill, charging an EV could mean a sharp increase, but in most cases, the cost is considerably lower than fueling a gasoline-powered car. The Department of Energy says on average, it costs about half as much to drive an EV versus a comparable gas car.

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Gigem

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Re: Electric Vehicle News Items
« Reply #161 on: March 27, 2022, 11:50:55 AM »
One factor you’re not taking into effect is that as EV’s become more mainstream the price of the batteries has dropped drastically. For example, there is research that shows that the price per kWh has dropped 10 fold in the last ten years. We went from paying ~$1,000 per kWh to about $100 per kWh. Now the question is how much more can prices drop as economies of scale increase. 
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Cincydawg

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Re: Electric Vehicle News Items
« Reply #162 on: March 27, 2022, 11:52:38 AM »
The real comparison would be a new EV versus a comparable new ICE car of similar qualities.  Electricity here is really cheap, around 6 cents per kWhr, so recharging here would be cheap at home.  We have two chargers in our building, third party, I don't know how much that costs.  You need around 33 kWhrs to go 100 miles.

As I keep saying, this is going to take a while.  I don't think anyone who posts here was an EV, or plans to buy one "soon".
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longhorn320

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Re: Electric Vehicle News Items
« Reply #163 on: March 27, 2022, 11:58:05 AM »
Quote from: Cincydawg on March 27, 2022, 11:52:38 AM
The real comparison would be a new EV versus a comparable new ICE car of similar qualities.  Electricity here is really cheap, around 6 cents per kWhr, so recharging here would be cheap at home.  We have two chargers in our building, third party, I don't know how much that costs.  You need around 33 kWhrs to go 100 miles.

As I keep saying, this is going to take a while.  I don't think anyone who posts here was an EV, or plans to buy one "soon".
If your reason for replacing an ICE with a EV is to save money and the payback time to start saving money is 12 years not many will jump on that

and notice I didnt give any cost to recharging an EV in my calculation
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Cincydawg

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Re: Electric Vehicle News Items
« Reply #164 on: March 27, 2022, 12:03:59 PM »
I'm talking about a person considering a new vehicle purchase.  That is how we get replacement of an ICE with an EV.

The cost differential is on the order of $10,000, give or take.  That is the main problem.

I doubt many folks with a perfectly fine 2 year old vehicle is going to buy an EV to try and save money, if they did, you'd need to factor trade in costs.
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longhorn320

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Re: Electric Vehicle News Items
« Reply #165 on: March 27, 2022, 12:14:39 PM »
Quote from: Cincydawg on March 27, 2022, 12:03:59 PM
I'm talking about a person considering a new vehicle purchase.  That is how we get replacement of an ICE with an EV.

The cost differential is on the order of $10,000, give or take.  That is the main problem.

I doubt many folks with a perfectly fine 2 year old vehicle is going to buy an EV to try and save money, if they did, you'd need to factor trade in costs.
it does not matter if you are buying an EV to save money the payback time to repay your investment is the same

When a person buys an EV they are sacrificing some freedom in return for saving money for not buying gas

Just how long does it take to see a savings for buying an EV and I say right now its 12 years
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FearlessF

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Re: Electric Vehicle News Items
« Reply #166 on: March 27, 2022, 02:07:35 PM »
I've driven over 10,000 miles for business since the 1st of the year.

Rural South Dakota, Nebraska, and Iowa.

Doesn't include personal miles

I've noticed just one EV - on I-80 West of Lincoln, heading West

don't see em, don't hear about them, don't notice charging stations

city slickers can be first adopters
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Cincydawg

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Re: Electric Vehicle News Items
« Reply #167 on: March 27, 2022, 05:39:48 PM »
The payback time may be more than 12 years depending on how one calculates.  I'd take the cost of an EV vs the cost of a comparable ICE vehicle as the difference.  These new pickup trucks may very well be good values, if you have the money to buy a new one.  The cost differential vs a similar ICE LT is not that great.
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