Driving into the Future: Will switching to an EV really save you money?

  • 📰 TheTorontoSun
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 68%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

ICYMI: Will switching to an EV really save you money? — via drivingdotca Sustainability EV

For one thing, it’s really easy to call for an end to subvention of your product when there’s not a government in the world that’s even, and is promising to keep the EV gravy train rolling until at least 2032. It’s pretty easy to virtue-signal something when you know there’s not a chance in Hell you’re going to actually have to act on it.

But wait, as Ron Popeil used to say, there’s more. BMW is also promising a simultaneous 30-per-cent improvement in range, most of that increase — about two-thirds, says— the result of the increased density of those new 46-millimetres cells. In plain terms, BMW is saying its extended range results from packing more of those raw materials — which, as I said, account for half of the total cost of the battery — into its cars.

Nonetheless, much of the extra cost of the BEV version comes down to electrification. In this case, that includes a 78-kilowatt-hour battery. Going by the last consensus on battery-pack pricing — back in 2021, by the way — of costs being US$131 per kilowatt-hour, that puts the manufacturing cost of the XC40’s battery somewhere in the range of US$10,000, which, at today’s exchange rate, works out to about 13,500 Can-bucks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

drivingdotca No!! Especially in harsh climate places like Canada with Extreme Cold and Flooding. EV lose 25% to 40% distance in cold weather.

drivingdotca No nor will it save the planet

drivingdotca No

drivingdotca No.

drivingdotca No. In fact, it will cost tax payers billions of dollars to reconductor the electrical grid and electronic monitoring systems. Guess who funds that? All the tax payers...even if you don't purchase an EV.

drivingdotca Well judging by our infrastructure I really don't trust the power grid I'll stick with fuel costs for now

drivingdotca 🤣🤣🤣🤣🤣

drivingdotca It won't save your money and it won't save the environment....

drivingdotca 100k for vehicle vs 45k gas vehicle. The ROI doesn’t even come close. I don’t see it even if I didn’t have to pay for subscriptions, home charging or maintenance. Numbers are not even close.

drivingdotca Humans are not that smart.

drivingdotca No!

drivingdotca Until you have to replace the battery…

drivingdotca No, but it sure will make it easier for the government to control your mobility. Anyone remember when Musk was asked to turn off Teslas in Russia or did you conveniently forget?

drivingdotca That was never the intent.

drivingdotca NO !!!

drivingdotca Save money? First the cost of the vehicle is too much for families. Battery replacement is expensive. It's not there yet and we don't have the infrastructure to support it.

drivingdotca Will switching to an EV correct anthropogenic climate change & save the planet?

drivingdotca No. Not at all.

drivingdotca NOPE

drivingdotca No

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 23. in ENERGY

Energy Energy Latest News, Energy Energy Headlines