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While EV advocates claim charging costs are equivalent to $1.21-per-gallon gasoline, the real amount is an order of magnitude more.
Including the charging equipment, subsidies from governments and utilities and other frequently excluded expenses, the true cost of charging an EV is equivalent to $17.33-per-gallon gasoline — but the EV owner pays less than 7% of that.
It's not about today. It's about the future. EV's will 100% be more expensive to "fuel" up. You can't lose 5-10% of MFT funds and keeps roads in good shape. You can't double EV's and expect the grid to keep up without electric rates going through the roof.
There's no long term future until we build the electric capacity for them. It will take 2 decades to build out nukes at least. If it's allowed. Renewables are trash. Battery storage just raises the price of the cars because of the minerals needed for EV's that are needed in batteries. Reality and what is marketed are two completely different things. I don't like to "try" and time the market, but Tesla could be an easy one to make a shit ton of money on. There's two moves coming and they will 100% happen. Enjoy for now.
BTW, do utilities ask for the proof of EV registration to put one on a special EV rate plan, or simply providing a VIN would suffice? 👹
I dont think they asked for anything... but it was a long time ago and I dont really remember.
And they don't make sense. For every EV battery pack, 2 - 4 plug in hybrids could be built instead. Way more gasoline could be saved.
DeficitHawk says
I dont think they asked for anything... but it was a long time ago and I dont really remember.
They did ask for a VIN when I explored the idea of switching to an EV plan.
RWSGFY says
DeficitHawk says
I dont think they asked for anything... but it was a long time ago and I dont really remember.
They did ask for a VIN when I explored the idea of switching to an EV plan.
OK I may not remember. Ive had this type of rate plan since 2015. They dont come around and check. certainly I could sell my EV and they wouldnt ask me to change rate plans or anything. (If you really want time of use plan... you could probably pull a vin from a dealer website too...) but time of use plans are mostly only beneficial if you are using lots of power that you can shift to the off-peak times by using a timer.
PumpingRedheads says
And they don't make sense. For every EV battery pack, 2 - 4 plug in hybrids could be built instead. Way more gasoline could be saved.
Hybrids are totally retarded.
Twice the complexity having both an ICE gas engine and battery drive train. So much more to go wrong and still have to dick around with changing oil, filters and dealing with complex transmission systems.......all which is absent from a pure EV.
Hybrids are totally retarded.
Twice the complexity having both an ICE gas engine and battery drive train. So much more to go wrong and still have to dick around with changing oil, filters and dealing with complex transmission systems.......all which is absent from a pure EV.
Toyota and Honda have the only CVT transmissions worth a shit, mostly because they've worked out the kinks over the last 20 odd years with their hybrids (CVTs are crucial to hybrids).
I didn't get any subsidies for my Tesla and I am able to charge in my garage using the existing 220 outlet without any extra equipment. I rarely use Tesla Superchargers unless on a rare long road trip.
I have saved thousands in fuel costs over the last 5 years of driving EVs.
What's the cost for replacing the batteries in your Tesla?
Chevy EV Bolt is around $28,000 MSRP (before any government subsidies). It has a warranty of 8 years, 100,000 miles for the batteries. Its range is about 260 miles.
Seems like it could compete very easily with internal combustion engine vehicles like Honda Civic.
.
So fucking what? I thought this is about 'saving the planet'? and cutting down fossil fuel use in transportation.
Yes - there undoubtedly needs major investments in our electric grid and the Government will continue to find ways to tax EV's to support infrastructure improvement (and funding Illinois and other Blue State out of control and bonkers pension system).
Roads pave themselves? Jesus I thought I've heard it all. 50% of people pay no federal or state income taxes. Our infrastructure is financed by a large margin by MFT's. If 10% of cars aren't paying that tax, they will. It's coming. Like I've said, enjoy it for now.
My point is that the Tesla Model 3 is ALREADY cheaper than most ICE cars in the same class even before incentives. And the prices for Tesla will continue to drop as they increase scale.
If 10% of cars aren't paying that tax, they will. It's coming.
My point is that the Tesla Model 3 is ALREADY cheaper than most ICE cars in the same class even before incentives
Who are you arguing with? I agree that they will increase registration and other fees on EV's as more and more cars go electric. I think it is fair.
socal2 says
My point is that the Tesla Model 3 is ALREADY cheaper than most ICE cars in the same class even before incentives
What incentives?
$7500 Fed and up to $4000 CA
socal2 says
I didn't get any subsidies for my Tesla
Uhhhhhhj....right
RWSGFY says
$7500 Fed and up to $4000 CA
But socal2 said he didn't get any subsidies for his Tesla, remember?
Was he lying?
PumpingRedheads says
socal2 says
I didn't get any subsidies for my Tesla
Uhhhhhhj....right
Comments 1 - 40 of 131 Next » Last » Search these comments
By Olivia Murray
In October, I wrote an essay on a “bombshell report” from a Texas think tank “which revealed that the actual cost of rechargeable cars and the E.V. industry is, in reality, much higher than they’re leading us to believe.”
The report is around 20-pages long, so I was only able to cover one of the explosive revelations—the average battery-powered car (E.V.) would cost “approximately $48,698 more to own over a 10-year period” were it not for the “staggering” handouts from the taxpayer via an extortionary and feckless government—but there were more.
Now, not only were the energy experts able to quantify the additional cost over time, but they were also able to put a dollar amount on the real cost of charging the vehicle, translated into price per gallon of gasoline. As you might guess, the price is astronomical, but that’s not the the end of it.
While EV advocates claim charging costs are equivalent to $1.21-per-gallon gasoline, the real amount is an order of magnitude more.
Including the charging equipment, subsidies from governments and utilities and other frequently excluded expenses, the true cost of charging an EV is equivalent to $17.33-per-gallon gasoline — but the EV owner pays less than 7% of that.
So if the E.V. owner pays less than 7% of that massively inflated cost to “fuel” a car, that means more than 93% of the financial burden falls on the taxpayer—as the NY Post authors also write:
This is socialism for the rich: a transfer of costs from higher net-worth individuals to middle- and lower-income taxpayers.
It’s the equivalent of levying taxes and fees on public-transportation users and those who walk or bicycle to work and using the money to reduce the price of gasoline.
At this stage, E.V.s, if forced to stand on their own, are an utter failure, and as I noted in my previous blog, bad ideas and inferior products only find security in a “free” market… rigorously controlled by big government fascists. If our market were truly free, an extremely expensive car that can spontaneously combust, only works in a limited temperature range, occasionally malfunctions and locks occupants inside before rolling backwards into bodies of water, and costs $17.33 per “gallon” to “fuel” up, would be dead on arrival—as it should be.