Using the 0.337 formula, wouldnt it mean a "gallon" of gas is 11.5 dollars? Then again, EVs are more efficient than gas cars... its still shocking how relatively high it is! (nj is 17.4)
Umm I don't know what that formula is but it doesn't seem right. I think people did the math up above, but i'll do it again for my own understanding.
Yes, I was talking about the energy units separately from efficiency/the car, as I noted above:
Accounting for the fact that the EV's use that efficiency more efficiently than gas cars, they are still overall cheaper.
For some reason I don't like that eMPG is measured on energy units. I think it's confusing for consumers. But I can also understand a direct comparison to ICE MPG is dependent on gas prices and always changing
Many states have cheap electricity. I remember reading in some of the other EV forums in Alabama or Georgia they have $0.01 off peak LOL
@Rogue would know as I think he lives in Alabama!
Also, compare Lucid mpg and price with equivalent gasoline hybrid cars like Lexus LS500H, Mercedes S 580 E, BMW 7 series hybrid 27mpg. $4.25 per gal 27 miles. Also consider the super quiet ride which adds to Luxury. Particularly EVs shine in local driving due to regen.
I mean people do engine replacements all the time. Wouldn't that be equivalent to replacing the battery? I don't even think the cost would be very different.
By that logic though, couldnt you just swap the engine?
Oftentimes the cost of engine and transmission replacement with a new one is not worth it. That has been my experience in 40years of owning gasoline cars for 14 years at a time and selling them.
depends on the value of the car after 15-20 years right, and you're right, i think in many cases cars are worth less than the replacement engine. But look at the Lucids, they have already depreciated 50% in <2 years, just see what happens in 10 years, i bet buying a new car will still be cheaper than replacing the batteries
A new battery will be more expensive than a new engine 10/10 times, unless you bought a Bugatti Chiron or something.
Negative on those numbers. I forget the exact number, but it is a little over 9¢ where I am at. Off peak with an electric car incentive is a 10% discount. Not worth the headache.
Georgia Power's Plug-In EV Rates Make Saving Money Easier! - Electric Vehicle Charging from EnviroSpark (envirosparkenergy.com)
Could you imagine the headache of having to try and remember those times, schedule the car to charge, and make sure the car is plugged in? Not worth it. Electricity is hardly more expensive in Augusta, GA where my parents live.
Unfortunately in CA we have the same headache and hours based pricing and yet it starts at $0.34 and goes up to $0.53
Some home charging stations do this automatically (e.g. Chargepoint Home Flex). You just tell it which electricity provider and rate plan you use.
Not to be argumentative, but I would maintain my position for the ROI. A 240V industrial wall plug charges the car almost completely overnight for a few hundred bucks. The bougie wall charger will run you several grand.
Good points. My electricity rates are several times higher than yours, and I've been driving EVs from my garage for 13 years and plan to continue to do so for another 20, about 33 years lifetime for the expensive part of the installation. So the results of my math will be different. Honestly though I just hardwired our two home chargers for long-term convenience and peace of mind.
