3 ms·

EVs are quieter, smoother, higher torque, better accelerating, for simpler drivetrain, less maintenance. I've seen so many TCO reports on Teslas being cheaper

EVs are quieter, smoother, higher torque, better accelerating, for simpler drivetrain, less maintenance. I've seen so many TCO reports on Teslas being cheaper than new ICE cars, and that was before the Tesla price cuts and the insane inflation in new car costs in ICE. As for the "new car cost", I suspect Tesla is already at cost-per-vehicle parity with an ICE, but Tesla is keeping a high margin on their cars. With sodium ion and high density LFP chemistries coming to mass production this year, ICE cost advantage's days are numbered. Supply constraints will keep ICE marginally cheaper for probably 5 years in some consumer car classes. But "far less utility for a higher price and more inconvenience" is pretty much bunk. But I would keep an ICE if I was in the Midwest.

tooltalk 3y ago
>> As for the "new car cost", I suspect Tesla is already at cost-per-vehicle parity with an ICE, but Tesla is keeping a high margin on their cars. << You are thinking last year when the auto market was out of whack due to COVID related shortages. Tesla's operating margin is down to 9.6% in 2Q 2023; compared that to Hyundai's 9.5% and Kia's 12.5%. >> With sodium ion and high density LFP chemistries coming to mass production this year, ICE cost advantage's days are numbered. << LFPs are still limited to entry-level, low-range EVs because of low energy density and weight. The cost of LFP's is't that attractive when the price of lithium is above $20K.