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This is the dirty secret of EVs (or one of them): public charging costs as much as gasoline for an equivalent ICEV, or more. Whenever I run the numbers to deci
by tuatoru 4y ago
This is the dirty secret of EVs (or one of them): public charging costs as much as gasoline for an equivalent ICEV, or more.
Whenever I run the numbers to decide between an EV or an ICEV, I get payback periods in the hundreds of years. (I can't charge at home. YMMV.)
Edit: This would change if a battery-swapping industry model were widely adopted. If the battery was not included in the cost of the car but amortized over 10 or 20 years by a swapping station, the NPV of an EV looks much better.
- indymike 4y ago> Whenever I run the numbers to decide between an EV or an ICEV, I get payback periods in the hundreds of years. (I can't charge at home. YMMV.) That was the eye opener for me: the cost of charging and eventual battery replacement made the ICE a long term better spend.