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Electricity is basically free compared to gasoline. If you cut the price of electricity in half, it wouldn't move the needle at all on EV sales.
by yessql 10y ago
Electricity is basically free compared to gasoline. If you cut the price of electricity in half, it wouldn't move the needle at all on EV sales.
- piotrjurkiewicz 10y agoEnergy used for production of electric cars/batteries (or any other thing manufactured in modern factories) isn't made from gasoline...
- vonmoltke 10y agoIt's significantly cheaper, but it is far from free (unless you are actually not paying for it). Even at a generous $0.10/kWh a Tesla costs about $0.029/mile. At $2.20/gallon, a 30MPG cat costs about $0.073/mile.