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

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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.

 

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drivingdotca Yes & right with you, all CA has been calling BS to JustinTrudeau s_guilbeault EV claims - For all the reasons you state including that climate hypocrisy. liberal_party TrudeauMustGoNow

drivingdotca No --- EVs are too damn expensive.

drivingdotca I’ll be the person driving the last gas vehicle off the lot and driving it for the rest of my life or till the gas is gone. I’ll never buy electric.

drivingdotca No. Small ICE vehicles are still the best for the economy and environment over the whole lifecycle of the vehicle.

drivingdotca We’re basically going to end up with disposable cars. When the battery is done time for a new one. Buying a used EV is a big risk because you never know the status of the batteries.

drivingdotca Will switching to electric heat in your home save you money? (1970) No, it won't.

drivingdotca I doubt this is a good solution during downturn. Maybe after, when people have again some income

drivingdotca The article misses the point that ev cars are simpler with fewer components (no fuel pumps exhaust cooling, etc) so the only reason they are more expensive to manufacture today is the low volumes of production. And that is set to change.

drivingdotca Nope.

drivingdotca Can’t afford the power bills now!!!!

drivingdotca Talking to my mechanic, I learned another issue with hybrid or full electric-battery life. Weather & temperature fluctuations have a negative effect on performance plus the amount you use your vehicle--when vehicles are not driven daily, it negatively effects battery life

drivingdotca The article sums it up nicely. “I call bullshit”

drivingdotca Nope

drivingdotca No, it will cost more due to power consumption and replacing batteries

drivingdotca I’ve done the math on this EV stupidity. You need to factor in a new $20K battery at 160,000 Km. That 13 cents per km. Would the maintenance on a gas powered vehicle cost you $20K over 160,000 km? That 6 - 7 year old car with average driving?

drivingdotca Nope. I can’t rebuild a battery but I can rebuild a v8. So there’s that

drivingdotca When all the lemmings switch to EV, the price of gas should be quite low... I think I'll keep my gas SUV

drivingdotca Nope.

drivingdotca Is that why Switzerland is considering banning them?

drivingdotca EV’s are like paper straws

drivingdotca No

drivingdotca No it will only prevent you from driving any car, which is the ilterior motive. Not only will people be unable to afford replacement batteries, but there will be repeating power blackouts when they won't even be abke to charge their car. Only the very rich elite will own them.

drivingdotca No

drivingdotca Or the planet? A huge no to both

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Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep
Source: calgaryherald - 🏆 64. / 52 Read more »

Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep drivingdotca No drivingdotca NOPE drivingdotca No. Not at all.
Source: TheTorontoSun - 🏆 23. / 68 Read more »

Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep drivingdotca Nope. Not one penny. ESPECIALLY when that battery dies and needs replacing at 1.5X the vehicles worth! Worst ROI EVER!! drivingdotca Yeah till you have to replace the battery and figure out that you don't have 20k to sink into a 6 year old car
Source: ottawasuncom - 🏆 4. / 92 Read more »

Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep drivingdotca If you don’t count the initial purchase price of $50-60K then yes you can save money on gas drivingdotca $80k Tesla lemon drivingdotca When does the MRVD start rolling brownouts to accommodate these electric vehicles? It isn't working out very well for the Swiss and it has a great infrastructure.
Source: VancouverSun - 🏆 49. / 61 Read more »

Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep drivingdotca No...just strain the grid drivingdotca No if in the country hydro one will bill your electricity usage through the roof drivingdotca Not really, but if you completely ignore the cost of an EV as well as the eventual battery replacement cost, and just focus on the cost of electricity vs gasoline then YES, and EV WILL save me a lot of money 👍🏻
Source: OttawaCitizen - 🏆 21. / 68 Read more »