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pentae | 2 years ago
Depending on your mileage, by saving $3k-$4k a year on gas theres certainly a case to be made for an EV being a more sensible financial decision in the long term especially given government tax incentives
One of the biggest reason for the massive disparity in efficiency on EV's is due to regenerative braking (16-25%). So what's interesting is when you compare an EV to a Hybrid ICE vehicle then the efficiency disparity becomes a lot less and you still have the benefit of being able to take long trips and not needing a home charger.
Anyone thats driven a Hybrid Toyota will tell you that fuel consumption is dramatically less, in my real world scenarios I use about 2.5x less gas in something like a Toyota Corolla Cross compared to my not overly thirsty ICE BMW.
Another benefit to Hybrids is they only require a ~1kWh battery instead of needing a huge 60-70kWh battery like an EV. So you could create 60 or 70 hybrid vehicles for the same amount of lithium mining as one EV.
One has to wonder why the governments aren't just pushing everyone into Hybrids instead of EV's? If a young person was asking me to recommend a car and they didn't have a home charger I wouldn't hesitate to recommend something like a new Toyota HEV / Honda e:hev - they are basically an EV with an on-board Atkinson engine as a powerplant.
coryfklein|2 years ago
Once you see folks replacing their beat-up 1992 Honda Civic with EVs then you'll know that "they save you money" is actually a thing.
bluGill|2 years ago
Which is to say I do know people who complain about gas prices on their luxury cars.
jes5199|2 years ago
insane_dreamer|2 years ago
Not all models. With the tax rebate, a Tesla 3 costs nearly the same as a Camry, so does the Nissan Leaf, Chevy Bolt. If you want a Polestar or Mach-e, sure, then your in BMW/Merc price range.
skwirl|2 years ago
This is a pretty weak main benefit as ICE cars are already cheap to run. At 12k miles/year, 30 MPG, and $3.20/gallon you are only talking $1300/year in fuel.
According to AAA, taking fuel, maintenance, repair, and tires into account someone driving 15k miles a year would only save $330. Given the cost premium on an EV over a comparable ICE car, I’m not sure you would ever come out ahead, although the cost gap is admittedly shrinking.
shagie|2 years ago
While it's a bit dated, you can see the parts with the cost difference and the "if gas was this much".
You can see some things like the Honda Insight (hybrid) has a slightly lower 5 year cost of ownership than the Honda Fit (ICE).
It would be curious to do an update of that part of the chart for current models.
blue_cadet_3|2 years ago
I rented a Tesla Model 3 recently. From 40% to 98% cost me $7 CAD and I was able to drive from Vancouver to Tacoma, WA on a single charge and arrived with 20% battery. In the Seattle suburbs it cost a bit more, $13 USD, to go from 20% to 90% due to a supercharger station having issues so demand was higher at the next closest one.
$7 to go 175mi(283km) sold me on an EV as my next car. I never felt like I would be stranded and when the battery is conditioned for fast charging by time you pop in somewhere to use the bathroom and grab a coffee or snacks you're pretty much good to go.
strunz|2 years ago
I really think these comments are just EV driver rationalization. You really spend 30-45 minutes at a rest stop on road trips? When we take road trips we spend almost no time stopped. Even if we're eating, it's in the car. I can't even imagine stopping multiple times for 30-45 minutes to recharge, that is not the same as "going to the bathroom and grabbing a snack". That takes like 5 mins tops, the rest is just wasting time you could be on the road.
brailsafe|2 years ago
Not that there aren't reasons to own one here mind you, surely a long and unwieldy commute might do it, but then you're probably in Delta or a suburb, which was my situation when I last had one; after it was crashed, I just didn't buy another and realized that I used it more because I had it rather than having it to help me go distances I'd need to anyway.
recursive|2 years ago
Depends what you value. For me, that's a nice to have. Greater benefits are: never go to a gas station, no oil changes, no fumes, more fun to drive.
Rumudiez|2 years ago
I’d argue the opposite, but it’s certainly subjective. Driving my sister’s Model 3 was leagues below my cheap little BRZ, and it’s still slower than my motorcycles if I want to accelerate fast. The suspension is crap. Body roll was astoundingly bad and the front end doesn’t want to push you through corners when trail braking. I was excited to drive it, but after 500 miles of backroads and open freeway I firmly believe a cheap sports car is a much better driving experience.
conk|2 years ago
m_mueller|2 years ago
well that depends on the ICE car and your driving behaviour. E.g. VW group turbo 4 cylinders from ~5y ago are very efficient. I drive a 5yo Seat Leon ST (basically like a slightly smaller Golf Variant, e.g. a typical European hatchback), and mostly at highway speeds with some mountain driving also. With this I get ~45-47mpg or ~5.0-5.2l/100km. A hybrid would maybe get me up to 50mpg but not much more, as highway speeds are not really where they gain you much. They're great for the occasional shopping run, but where I live those are max. 20min driving both ways, so not that much of an impact either.
pentae|2 years ago
fho|2 years ago
At some point it becomes bike shedding, but a 20% reduction (from 5l to 4l) is still impressive to me.
fho|2 years ago
Full EVs are for some selected few... Here in Germany it's just homeowners with PV already installed. I did the math before deciding on the hybrid and literally everybody else is paying more for electricity (at 0.4€/kWh) and is producing more CO2 (at avg. 400g/kWh).
I really pity the guys in their Dacia Spring SUVs in the supermarket parking lots (at 0.6€/kWh) who bought a EV to "do the right thing" here.
(That said, that's a problem very unique to Germany ... Most countries around us have cheaper electricity and a smaller CO2 footprint per kWh.)
mushufasa|2 years ago
phpisthebest|2 years ago
All that savings goes out the window if I am hit with with $40,000 to $60,000 repair bill to change the battery, even if my entire drive chain goes out in my ICE I am looking at probably $5,000 and that rarely happens.
batteries 100% will need replaced, and ICE can go decades with no major issues
lanstin|2 years ago
insane_dreamer|2 years ago
Our utility offers very cheap prices at night, so our Tesla 3 costs $2.25 to fully charge vs. $55-70 for our Forester.
Also, maintenance is cheaper on EVs.
danans|2 years ago
It's not that simple because "full" means something very different in a Cybertruck (123kWh battery) vs a base Ioniq 6 (53kWh battery).
Likewise the fuel economy is dramatically different with the Cybertruck at 2 miles/kWh Vs the Ioniq 6 at 4.6 miles/kWh.
Assuming a cheap electricity rate of $.15/kWh, the Cybertruck will cost $.07/mile to drive.
The Ioniq will cost $.03/mile.
The regular hybrid Prius gets 56 mpg. At the cheapest current (i.e. Texas) gas price of $3/gallon, it would cost $.05/mile to operate.
It will be far less performant than either the Cybertruck or the Ioniq 6, though.
> One of the biggest reason for the massive disparity in efficiency on EV's is due to regenerative braking (16-25%). So what's interesting is when you compare an EV to a Hybrid ICE vehicle then the efficiency disparity becomes a lot less and you still have the benefit of being able to take long trips and not needing a home charger.
The disparity is still around 28%, which when talking about efficiency is pretty big.
> Another benefit to Hybrids is they only require a ~1kWh battery instead of needing a huge 60-70kWh battery like an EV. So you could create 60 or 70 hybrid vehicles for the same amount of lithium mining as one EV. > One has to wonder why the governments aren't just pushing everyone into Hybrids instead of EV's?
We aren't lithium constrained, we are battery manufacturing capacity constrained. One goal of the IRA (and its EV incentives) is stimulating the build-out of a domestic battery manufacturing supply chain. That battery production capacity is a strategic asset, not just for cars, but also for stationary storage. It's a win-win for energy security and decarbonization.
There are also plugin hybrids that use smaller batteries, but let you use either/both electricity and gasoline (albeit with an efficiency penalty on both drivetrains).
Also, 67% of Americans live in single family homes (mostly suburbia), many with an electrical outlet near their parking spot that they can use to charge their cars. These are also the people who drive the most on a per capita basis.
> If a young person was asking me to recommend a car and they didn't have a home charger I wouldn't hesitate to recommend something like a new Toyota HEV / Honda e:hev - they are basically an EV with an on-board Atkinson engine as a powerplant.
Depends on the young person. For one thing, I wouldn't recommend that any young person buy a new car unless they are very financially comfortable. But if you don't have a home charger (or nearby DC fast charging) it's not a matter of a recommendation, but rather a physical requirement to get an ICE car, so it might as well be a hybrid.
tsimionescu|2 years ago