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Besides EV maintainence already being 25-50% cheaper. CATL/BYD aiming for ~$50 per kWh next few years, i.e. 60kWh pack drop from $6000 to $3000. Annual light ve
by maxglute 2y ago
Besides EV maintainence already being 25-50% cheaper. CATL/BYD aiming for ~$50 per kWh next few years, i.e. 60kWh pack drop from $6000 to $3000. Annual light vehicle stats for PRC/CA/RU/US is 12000-20000km, each 10000km saves ~$600 in gas (at least according to US calculators). Looking at less than 5 years to payback for new battery pack by replacement time few years from now on from fuel savings alone, before $200-400 annual savings in maintenance. Less if kWh prices comes down further, or gas prices go up, or if you live in area with more expensive gas than US. Global avg gas prices is ~35% more expensive than US. No many countries outside of petro states with substantially cheaper gas than US. As for long term durability for PRC cars specifically, seems fine so far in Australia / other regions with years of ownership experience. Who knows long term (i.e. 10-20 years) other than the cars been pulled apart by many manufactures and analysts who haven't found fault/substandard built quality.