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I calculated fuel savings if I owned an EV. I did it for Germany. The fuel savings are basically negligible (it was about 200 Euros per year). This is due to hi
by lumberjack 6y ago
I calculated fuel savings if I owned an EV. I did it for Germany. The fuel savings are basically negligible (it was about 200 Euros per year). This is due to high electricity prices.
In the US at least you can say, I will pay $15k more upfront, but then I will get it back in fuel savings.
But in Europe people drive far less and electricity is significantly more expensive.
It's still not financially wise to own an EV.
- Rygian 6y agoYou could include caveats into that blanket generalization. Take France, which is just next door to Germany. Electricity cost is easily half of Germany's, and CO₂ emissions are about one fifth. I've gone from 50 €/month on diesel fuel to 10 €/month on very low CO₂ electricity.
- user5994461 6y agoSpending 50€ in France is about half a filling at current gasoline price. You were barely using your car at all.
- happosai 6y agoMost european countries don't have as insanely expensive electricity as Germany. I have 0.12€/kWh here in Finland.
- Daniel_sk 6y agoThat's what they got for stopping almost all nuclear power plants and replacing them with dirty coal and gas power plants (+ much more pollution). And now the power grid will be under even much more strain with EVs...