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True cost of charging an EV is equivalent to paying $17.33 a gallon.


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2023 Dec 15, 6:13am   7,798 views  131 comments

by GNL   ➕follow (0)   💰tip   ignore  

True cost of charging an EV is equivalent to paying $17.33 a gallon of gas, per new report

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.

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100   GNL   2023 Dec 20, 8:01pm  

Here's a question: why are Teslas so ugly? The cheap model looks no better than a VW Bug. For $100,000 car/truck comparison, look at the Porsche, Corvette, Escalade or even a decked out F-150. How about the Ford Raptor? Styling is not Tesla's forte.
101   GNL   2023 Dec 21, 5:19am  

This is a joke, right? Not only that but, how long has this truck been in the works? Must be something I'm missing but, what is so different that it can't be to market yet?


102   HeadSet   2023 Dec 21, 7:12am  

GNL says

Here's a question: why are Teslas so ugly? The cheap model looks no better than a VW Bug. For $100,000 car/truck comparison, look at the Porsche, Corvette, Escalade or even a decked out F-150. How about the Ford Raptor? Styling is not Tesla's forte.

May have to do with standing out. For non-car fans, a Ford F-150, a Chevy Silverado, a GMC Sierra, Toyota Tundra, Nissan Titan, and a RAM 1500 all look pretty much the same. The Tesla truck is obvious to everyone it is a Tesla.
103   WookieMan   2023 Dec 21, 7:15am  

GNL says

Here's a question: why are Teslas so ugly? The cheap model looks no better than a VW Bug. For $100,000 car/truck comparison, look at the Porsche, Corvette, Escalade or even a decked out F-150. How about the Ford Raptor? Styling is not Tesla's forte.

I don't care about car looks in my comments here. A to B. I'd rather have a nice watch or even a nice pair of jeans over an over priced car be it Tesla or Porsche.

I can't drive the point home any more. ANY EV is more expensive MSRP and will in the near future be as expensive or more expensive than ICE cars to operate MPG(equivalent) wise. I can make a golf cart perform the same as any model Tesla for $5k. It's electric motors and batteries. It's not complicated. It's expensive and between labor and minerals used it's a negative big time.

Enjoy. I don't actually care. I'm just warning you Telsa homers that the time of reckoning is coming. You will be charged via tax or utility as much or more than an ICE vehicle. Enjoy the ride. I have. I have no interest in paying 2-3x's as much for a car that has no utility and will be even more expensive in the future.
104   Eric Holder   2023 Dec 21, 8:04am  

GNL says


Here's a question: why are Teslas so ugly? The cheap model looks no better than a VW Bug. For $100,000 car/truck comparison, look at the Porsche, Corvette, Escalade or even a decked out F-150. How about the Ford Raptor? Styling is not Tesla's forte.


Not sure if serious: ModelS looks very good to me. The rest looks worse because just stretching/sclaing of a good design rarely comes out perfect. Cybertruck is a fucking joke, of course, no argument there, but it was designed by Elon himself, not that Dutch ex-Mazda, ex-Audi designer who penned the ModelS. Porch has his chare of ugly ducklings too (first Panamera, anyone?) and don't get me started on the Bimmer's latest designs.
105   Eric Holder   2023 Dec 21, 8:07am  

EVs do depreciate the fastest: https://www.iseecars.com/cars-that-hold-their-value-study

The worst offenders are the top-spec EVs like Plaid Teslas, Taycan Turbo-S, Lucid Air, Audi e-Tron and such. You can buy one of these for literally 1/2 price at 1 y.o.
106   WookieMan   2023 Dec 21, 9:44am  

Eric Holder says

EVs do depreciate the fastest: https://www.iseecars.com/cars-that-hold-their-value-study

The worst offenders are the top-spec EVs like Plaid Teslas, Taycan Turbo-S, Lucid Air, Audi e-Tron and such. You can buy one of these for literally 1/2 price at 1 y.o.

I paid $1,300 for a 48v golf cart battery. It was cheap Chinese crap (does still work). That's to move a 300lbs vehicle. A car is going to be 10x's. And yes, the batteries do fail.

You have all the same expenses as an ICE vehicle. An ICE motor is going to outlast a EV battery with basic maintenance 10 out of 10 times. It has to be replaced and it's not cheap. Let me know who has replaced an ICE engine (not for upgrades) in the last 20-30 years? No one. It is fact you'll have to replace a battery pack on any EV. I'm not Tesla bashing. It's just fact. That will be 5 figures. And that price won't change with adaptation. Battery prices are not coming down and probably never will.

Factor in the coming price to operate increases, you bought a "luxury" car that will cost as much as a high end Audi, Mercedes, etc. AKA a waste of money and then pay more for electric, registration or however the government WILL rape you. 2025. Government takes a while to realize that it shot itself in the foot on green energy. You cannot reduce tax revenue. It's not even an argument. EV's reduce tax revenue. I don't why this is so complicated for some.
107   DOGEWontAmountToShit   2023 Dec 21, 9:57am  

WookieMan says

I paid $1,300 for a 48v golf cart battery.


Just spit my coffee thru my nose while reading that. Damn you Wookie!

:)~
108   GNL   2023 Dec 21, 10:04am  

GNL says

This is a joke, right? Not only that but, how long has this truck been in the works? Must be something I'm missing but, what is so different that it can't be to market yet?




This looks like old, tired and Grey communism.
109   RWSGFY   2023 Dec 21, 10:28am  

You can buy a low-miles engine from a JDM car for ~$1500 and swap it in your garage in 2 weekends using a $150 HF engine hoist. Can you buy a used Tesla battery and swap
it in? Sure, but it won't be $1500 + 150. There is a guy on youtube making videos about fixing Teslas, so it is doable, but def more costly than fixing ICE cars.
110   WookieMan   2023 Dec 21, 10:34am  

PumpingRedheads says

WookieMan says


I paid $1,300 for a 48v golf cart battery.


Just spit my coffee thru my nose while reading that. Damn you Wookie!

:)~

I'm a fucking idiot sometimes. I'll admit that. It's fun to get around town and the cart was free to me. Hopefully a 10 year battery, so amortized it's not that much. New hobby too. I need to keep busy.
112   WookieMan   2023 Dec 21, 7:28pm  

PumpingRedheads says





This is what I don't think the EV people understand. I'm not paying for the grid update. I literally won't. Who are they gonna charge to update or add capacity? Not me. EV drivers.

When MFT funds are down 5-10%. Where does that money come from? With inflation and labor costs it's probably closer to 15-20% in states with high EV usage. They don't get it. Just because it's not happening now doesn't mean it's not coming. They will be taxed or have increased electric rates on par with the cost of gas. This is undeniable.
113   Eman   2024 Jan 11, 4:00pm  

Saw this post on X and thought of this thread. I’m not smart enough to understand the true cost of operating an EV or an ICE vehicle, and which is more subsidized, or more expensive.

https://x.com/nicklasnilsso14/status/1744615674423484786?s=46&t=5lEEPaezr6Ic-W4Z6huZ5Q
114   DOGEWontAmountToShit   2024 Jan 11, 5:05pm  

WookieMan says

This is what I don't think the EV people understand. I'm not paying for the grid update. I literally won't. Who are they gonna charge to update or add capacity? Not me. EV drivers.


Exactly. Or more likely: they are going to TRY to foist that onto non-EV owning ratepayers. And in a lot of cases they are going to succeed. But there will be a limit at which point ratepayers will revolt.

We are already hitting that point with renewables.
115   Eman   2024 Jan 11, 5:22pm  

I don’t like to rely on others for anything so I installed solar. I designed the system with degradation and future (3rd EV usage) buffer. My solar produces more electricity than I consume. In fact, I’ll be getting a credit from PG&E. Good luck with folks who rely on PG&E for their electricity. I don’t like to screw others, but also don’t like to get screwed.


116   DOGEWontAmountToShit   2024 Jan 11, 5:54pm  

Eman says


Saw this post on X and thought of this thread. I’m not smart enough to understand the true cost of operating an EV or an ICE vehicle, and which is more subsidized, or more expensive.

https://x.com/nicklasnilsso14/status/1744615674423484786?s=46&t=5lEEPaezr6Ic-W4Z6huZ5Q


Lot of that is bullshit. Truth is EVs are are way more energy intensive to make. That energy is fossil fuel extensive. (Same applies to polysilicon). And require more minerals than an ICE. Some quite exotic.

Worldwide nickle production alone will have to increase 20x. Copper 4x.

Not gonna happen.



The scaling up of EVs to be a significant portion of the motor vehicle fleet will be impossible to do. You can't just whip up new mines. Nor the processing capacity to do it. It is mostly done in China because they don't have any environmental enforcement and have no qualms about building new coal plants for the power.

Recycling claims are also bullshit just as they are for wind turbines and solar panels UNLESS they are manufactured differently (as in ways that increase costs 4 -6 fold). They can probably get to the lithium in the battery cells, tho.

BUT you need to mine the shit to begin with before it can be recycled. See above.

AND THAT doesn't even take into consideration what's needed to power the damn things...AT SCALE. This is what Wookie is getting into.

New battery tech that uses less/different materials? Like Sodium Ion Batts?

A strawman barfed up by people who can't argue against this. Even the Sodium Ion batteries still need those other minerals.

Graphene buckypaper supercapaciters would be a real game changer that would make a difference, sure. But that is science fiction until you see it mass manufactured. Room temp superconductors even more so.
117   WookieMan   2024 Jan 12, 12:08am  

UkraineIsFucked says

AND THAT doesn't even take into consideration what's needed to power the damn things...AT SCALE. This is what Wookie is getting into

I generally don't get into the battery itself. It's hard to break through a cult through that avenue. If we double EV's to 6-10% of the overall market, where in the flying fuck is the electric coming from? I'm glad Eman can charge for $0 dollars. That's less than 1% of EV drivers. Where is the money coming from for solar? Where is the money coming from for power? ME. Coal.

It's literally the least efficient, most polluting means of travel. More expensive out the gate when you can save $10-30k with a hybrid, pay gas AND still come out way ahead. This is math. As I'll continue to say, enjoy Tesla, I've had fun driving them. It's not cheaper and it's not green at all.
118   SunnyvaleCA   2024 Jan 12, 1:28am  

WookieMan says

[EVs are] literally the least efficient, most polluting means of travel.

Around here we have that beaten easily... hydrogen powered fuel cell vehicles!

Hydrogen is stripped from natural gas (releasing loads of CO2) then compressed and cooled (takes loads of mechanical energy, so maybe 30% loss of energy). While waiting to be put into a car (the Toyota Murai, to be specific), it is constantly evaporating to keep the pressure from exploding the holding tank (maybe 5% loss per day). Once in the Murai it continues to evaporate, but is eventually run through a fuel cell to generate electricity (10% loss in that chemical -> electrical conversion) but doesn't just drive an electric motor! No! The fuel cell isn't powerful enough to run an electric motor when the vehicle is accelerating, so the fuel cell charges a LiON battery (5% loss) and then the LiON battery runs the electric motor (5% loss). The other benefit of the LiON battery is that the fuel cell process isn't reversible, so the LiON handles the regenerative braking.

If we had infinite fusion power we could use hydrogen as energy storage because we could create it from electrolysis of water. Although electrolysis is an even less efficient starting point, if you you have unlimited fusion energy, go for it! But even then, the system would be much more expensive than just synthesizing methane and re-introducing the Honda Civic GX — a viable ICE car that you filled up at home from natural gas.
119   DOGEWontAmountToShit   2024 Jan 12, 7:08am  

SunnyvaleCA says

If we had infinite fusion power we could use hydrogen as energy storage because we could create it from electrolysis of water. Although electrolysis is an even less efficient starting point, if you you have unlimited fusion energy, go for it! But even then, the system would be much more expensive than just synthesizing methane and re-introducing the Honda Civic GX — a viable ICE car that you filled up at home from natural gas.


They have developed fuel cells that can strip the hydrogen from a hydrocarbon like methane. Don't think it is commercializable tho.
120   RWSGFY   2024 Jan 12, 8:10am  

Jump on Google maps, search for Hydrogen fuel stations and marvel at horror stories in the reviews section.
121   Maga_Chaos_Monkey   2024 Jan 12, 8:17am  

SunnyvaleCA says


Toyota Murai


I've been stuck behind those (or maybe the same guy) in stop and go traffic on my daily commute in SD. It shoots what looks like a urine stream out the back of the car and when we got lucky enough to reach maybe 40mph it would bounce off of the pavement and hit my windshield. I hate getting behind those things.
122   RWSGFY   2024 Jan 12, 8:21am  

just_passing_through says


SunnyvaleCA says


Toyota Murai


I've been stuck behind those (or maybe the same guy) in stop and go traffic on my daily commute in SD. It shoots what looks like a urine stream out the back of the car and when we got lucky enough to reach maybe 40mph it would bounce off of the pavement and hit my windshield. I hate getting behind those things.



It's water, but it is annoying AF.

PS. They are practically giving them away now: you can buy a 2yo off-lease Mirai for $18-19K and it comes with a $15K "gas card".
123   SunnyvaleCA   2024 Jan 12, 1:20pm  

just_passing_through says

SunnyvaleCA says



Toyota Murai


I've been stuck behind those (or maybe the same guy) in stop and go traffic on my daily commute in SD. It shoots what looks like a urine stream out the back of the car and when we got lucky enough to reach maybe 40mph it would bounce off of the pavement and hit my windshield. I hate getting behind those things.

That's annoying. I've only seen steam coming out of them, but maybe I was lucky enough to have one clogging the road in front of me on a warm day.
124   GNL   2024 Jan 12, 4:13pm  

https://finance.yahoo.com/news/hertz-sell-20-000-evs-143449475.html

(Bloomberg) -- Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options.
125   socal2   2024 Jan 12, 4:37pm  

EV sales reached a record 18% of total Global Vehicle Sales in 2023. The Tesla Model Y is the best selling car IN THE ENTIRE WORLD in 2023.

https://www.visualcapitalist.com/electric-vehicle-sales-by-model-2023/#:~:text=Electric%20vehicle%20(EV)%20sales%20are,increasingly%20look%20to%20electric%20options

You guys act like there is no demand for good EV's like Tesla. Most of this growth kicked in before the big government incentives took place. Face it, if you don't have to constantly tow heavy loads or drive cross country, Tesla's are superior vehicles for the majority of the population that can charge their cars at home at night.

Tesla is scaling and revolutionizing battery and manufacturing production like no other breaking all automotive records in terms of margins and production efficiency.

It will take 25 years to beef up our energy grid, power plants (hopefully new nuke plants) and additional mining/processing to meet total demand. But if we can build the Empire State Building in under 2 years 100 years ago, I am confident we can still build great things in this country if we aren't retarded.

Within 50 years we will have nearly a closed loop system where we will have enough batteries to recycle avoiding the need for new mining. It is already much easier/cheaper to process some rare earth metals out of existing batteries than mining/processing new.
126   WookieMan   2024 Jan 12, 5:26pm  

socal2 says

It will take 25 years to beef up our energy grid, power plants (hopefully new nuke plants) and additional mining/processing to meet total demand. But if we can build the Empire State Building in under 2 years 100 years ago, I am confident we can still build great things in this country if we aren't retarded.

We can't and won't. That has been my point. I never even mentioned sales and don't care. EV owners are going to pay for that build out and probably be dead before it becomes realistic. In the meantime you WILL be taxed extra via vehicle registration for MFT AND electric rates to build the new power plants. It's not an if conversation. It's when and I think it will be 2025.

I understand the tech. I have an electric golf cart to tool around town. I installed everything myself. I know how long it takes to charge. I have a miniature version of a Tesla. I've driven a Tesla multiple times. We're talking about costs here. They're going up. Or you can drop another $30k on a solar setup like Eman did. A Tesla is a $100k waste if you want it zero energy. That money could have been put into more productive investments that would easily cover a $10k/yr gas bill (high).

Trust me, your EV registration is probably going to go up by a factor of 5 and maybe more annually. Depending on state. My wife is a prominent national figure in road building industry. MFT is the majority of taxes used for roads and EV's aren't paying a dime. That time is coming to an end whether you like it or not. If people pay X% for MFT with gas, they're going to get it from EV drivers as well. You can't just use infrastructure for free.

The mining is wasteful for sure. We have an entire system in place for ICE vehicles. The future is hybrid. If we just double EV charging our grid is fucked. So everyone is fucked because you want an electric car?? You've gotta a pay for it and you guys will. Trust me. The day of reckoning is coming.
127   socal2   2024 Jan 12, 6:35pm  

WookieMan says

The mining is wasteful for sure. We have an entire system in place for ICE vehicles. The future is hybrid.


We can reuse what we mine over and over again, as opposed to burning oil once.

We have an entire electric grid already in place for EV's. Same shit we have been using over 100 years. Just plug it in at your home like you do your phone. Tesla is already beefing up electric grids all over the world deploying their major Mega storage battery packs. More work to be done for sure as more EV's come on line.

Hybrids have tremendous complexity, costs and more to go wrong having ICE engines, electric motors, batteries and transmissions just to get an extra 50-100 miles of range. Hybrids are tremendously lame.

WookieMan says

We're talking about costs here. They're going up.


I can afford a luxury sedan. It is not really a cost issue for me, even though I have been making out like a bandit economically for the last half decade driving my Bolt and Model Y.

So even if it costs more (it doesn't right now) I would be willing to pay the premium to enjoy superior driving experience, fun and practicality of a Tesla over anything else.

Seriously, if someone offered me a Plaid Model X or S or Cybertruck over a Bugatti or Lamborghini - I am taking the Tesla every time.
128   DOGEWontAmountToShit   2024 Jan 14, 8:08am  

socal2 says

It will take 25 years to beef up our energy grid, power plants (hopefully new nuke plants) and additional mining/processing to meet total demand


Not going to happen.

.socal2 says

But if we can build the Empire State Building in under 2 years 100 years ago


Didn't require new mines, rare earths nor a rebuilt grid.

How do you function in life?
129   DOGEWontAmountToShit   2024 Jan 14, 8:10am  

socal2 says

We can reuse what we mine over and over again, as opposed to burning oil once.


Jesus Christ! You have to mine first virgin materials before you recycle. And the recycling claim is bullshit anyway because of the way they construct EVs.
130   DOGEWontAmountToShit   2024 Jan 14, 8:11am  

socal2 says

We have an entire electric grid already in place for EV's.


Again, what bullshit world do you live in?

We have an entire electric grid in place for powering everything else BUT EVs.
131   DOGEWontAmountToShit   2024 Jan 14, 8:12am  

socal2 says

Hybrids have tremendous complexity, costs and more to go wrong having ICE engines, electric motors, batteries and transmissions just to get an extra 50-100 miles of range. Hybrids are tremendously lame.


EV battery stacks have over 2000 components in them.

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