I live in Australia. Electricity here costs around USD$0.20/kWh, unless you are prepared to charge when the wind is blowing, or the sun is shining, in which case it costs USD$0.05/kWh. $0.05/kWh equates to around USD$1.20 per 100 miles for a car that gets 50 miles to the gallon.
That's assuming you have to pay for it. I charge my car from my roof top solar, so it costs nothing.
The resale value for EV's isn't good, but the reason is battery prices are dropping, and batteries are the primary cost of an EV. They dropped 30% in the last year. If that continues, it's all over for US car makers once the tariffs go away.
Where I live in the us I save $200 per month with ev vs gas. This is replacing a minivan with essentially the same but 10 years newer. Of course my power all tmes fron wind which is cheap
We’re saving way more than that. Probably the equivalent of $70-90 per “gas tank”. Old car was a late model truck of the same form factor.
The resale values on used EVs are poor because things are improving so fast. The new ones are better and cheaper, which isn’t really the case for ICE models.
The only exceptions are the first few years of Leaf’s, since they ate batteries, and teslas because of the non-removable MAGA bumper stickers.
I pay roughly €1 for every 100km I drive here in Ireland. My annual car road tax is €120 in stead of 200+. My annual service involves kicking the tires and having a peek under the car.
I bought my ev used for 16k, with a basically brand new battery (mandatory recall) still under warranty. I'm not gonna resell it, I'm probably gonna keep it till the wheels fall off.
rstuart4133|5 months ago
That's assuming you have to pay for it. I charge my car from my roof top solar, so it costs nothing.
The resale value for EV's isn't good, but the reason is battery prices are dropping, and batteries are the primary cost of an EV. They dropped 30% in the last year. If that continues, it's all over for US car makers once the tariffs go away.
bluGill|5 months ago
hedora|5 months ago
The resale values on used EVs are poor because things are improving so fast. The new ones are better and cheaper, which isn’t really the case for ICE models.
The only exceptions are the first few years of Leaf’s, since they ate batteries, and teslas because of the non-removable MAGA bumper stickers.
beAbU|5 months ago
I bought my ev used for 16k, with a basically brand new battery (mandatory recall) still under warranty. I'm not gonna resell it, I'm probably gonna keep it till the wheels fall off.
triceratops|5 months ago
Doubt.