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F-150 gas: ~$35k F-150 lightning: allegedly ~$45k R1T: ~$70k

josephcsible 5y ago
Yes, EVs cost more up front today. But you can't forget about how much cheaper they are to own: electricity is way cheaper than gas, there's way less maintenance, and they last a lot longer.
- throwaway1777 5y ago
  Ah yes pay up front to maybe break even after driving for 6 years and 100k miles. Electricity prices are likely going higher as more EVs are built, so keep that in mind too. Or you could get solar panels, now your up front cost is even higher, but if all goes well eventually you will break even with this too and maybe even save money some day all while saving the environment (aside from battery and panel waste)
  - thatswrong0 5y ago
    Gas prices could go up higher too.
    - loeg 5y ago
      Hopefully, they will (with a carbon tax)!
- WorldMaker 5y ago
  Plus, EVs have to amortize a lot more R&D costs/factory capital still. Actual posted marginal costs seem similar/cheaper on paper and it seems only a matter of time before EVs at the same trim level are cheaper than their ICE counterparts. Though we'll probably see the "shell game" of EVs never having easily comparable trim levels continue to play out for at least a few more years to keep consumers on their toes (and continue to amortize R&D costs/factory capital, at least at the major manufacturers). The interesting things to watch right now for EV costs are the Chinese manufacturers with very different capital expenses (and already complete R&D amortization) entering the EU and US markets, and the German manufacturers in a sharp game right now of trying to hit 100% EV production by 2025. If the German manufacturers hit that 100% goal it will still be tough to compare ICE to EV trim levels as there won't be ICE trim levels left to compare from them, but it will also mean that they intend to hit the full breadth of trim levels and the economies of scale of delivering them all on the same base platforms.
ashtonkem 5y ago
You have to compare across similar trim levels. The off-road and upmarket versions of the F-150 are not $35k. The F150 Raptor for example is $78-81k, and arguably they’re better competitors given their claims to off road capability. The F-150L is really designed as a fleet truck, which puts it into a whole separate category.
- r00fus 5y ago
  The F-150L will also likely be completely sold out for quite a few months. Good luck getting one, the Mach-Es are selling for 10k+ list at dealerships.
rconti 5y ago
If I ever see a modern full-size single-cab pickup, I take a picture of it to show my friends. It's that rare.

Yes, EVs cost more up front today. But you can't forget about how much cheaper they are to own: electricity is way cheaper than gas, there's way less maintenance, and they last a lot longer.

throwaway1777 5y ago
Ah yes pay up front to maybe break even after driving for 6 years and 100k miles. Electricity prices are likely going higher as more EVs are built, so keep that in mind too. Or you could get solar panels, now your up front cost is even higher, but if all goes well eventually you will break even with this too and maybe even save money some day all while saving the environment (aside from battery and panel waste)
- thatswrong0 5y ago
  Gas prices could go up higher too.
  - loeg 5y ago
    Hopefully, they will (with a carbon tax)!
WorldMaker 5y ago
Plus, EVs have to amortize a lot more R&D costs/factory capital still. Actual posted marginal costs seem similar/cheaper on paper and it seems only a matter of time before EVs at the same trim level are cheaper than their ICE counterparts. Though we'll probably see the "shell game" of EVs never having easily comparable trim levels continue to play out for at least a few more years to keep consumers on their toes (and continue to amortize R&D costs/factory capital, at least at the major manufacturers). The interesting things to watch right now for EV costs are the Chinese manufacturers with very different capital expenses (and already complete R&D amortization) entering the EU and US markets, and the German manufacturers in a sharp game right now of trying to hit 100% EV production by 2025. If the German manufacturers hit that 100% goal it will still be tough to compare ICE to EV trim levels as there won't be ICE trim levels left to compare from them, but it will also mean that they intend to hit the full breadth of trim levels and the economies of scale of delivering them all on the same base platforms.

ashtonkem 5y ago

You have to compare across similar trim levels. The off-road and upmarket versions of the F-150 are not $35k. The F150 Raptor for example is $78-81k, and arguably they’re better competitors given their claims to off road capability. The F-150L is really designed as a fleet truck, which puts it into a whole separate category.

r00fus 5y ago
The F-150L will also likely be completely sold out for quite a few months. Good luck getting one, the Mach-Es are selling for 10k+ list at dealerships.

rconti 5y ago

If I ever see a modern full-size single-cab pickup, I take a picture of it to show my friends. It's that rare.