Funny bit and its amazing how far EV tech has come in 7 years. The joke about top speed…now a complete dud as EV’s typically are much better at acceleration than comparable ICE’s. Mercedes going in heavy on EVs…
Electric cars are faster but middle class and poor need cheap long term expenses
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Indeed they do. It will be interesting to see how prices for EV change as economies of scale really start to kick in on their production. Theoretically they should be easier to build but will special alloys and what not keep their prices high?
On a monthly expense EV’s should be cheaper (outside of potential battery replacement already discussed) as there will be less maintenance to perform.
Also, per mile expenses for driving them will drop drastically vs ICE. Per a Motortrends article they compared ICE was .101 cents per mile vs .061 per mile for EV…a 40% savings!
The Government Confirms Obvious: Electric Cars Cheaper to Maintain Than Internal Combustion Vehicles.
Something I was just thinking about too…end of life value. I’ve traded in ICE cars with +200K miles before when buying new…you don’t get much…the car with a blown engine felt lucky to get an offer of $700 (due to the used car shortage most likely). Even if EV’s zero…its probably still better after you factor in operation & maintenance costs.
Then, if you get rid of it before the battery goes you’re probably doing pretty good $ wise.
Right on cue…economies of scale finally kicking in for Tesla…
Just wait till Ford gets it going.
They are easier to build so GM is laying off workers. I’m all for it, just get that battery replacement cost down so we don’t feel that 7 to 15 k hit. Again the gov prob has to step in to subside it until cost go way down.
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Read another article that Tesla has the highest profit margin of any car manufacturer out there.
If I recall correctly, they have a 25-30% profit margin per unit.
Tesla is still a rich person’s car.
I see them all the time in Middle class areas and know middle class people that own them. Pricing for them does not back that statement up. It can be very expensive but they also have models firmly in middle class pricing levels.
Lots of cars probably should be rich people cars but they aren’t. People just finance them for 7 or 8 years and/or spend far too high of a percentage of their income on it.
I see plenty of middle class people buying more expensive cars than teslas.
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I know a couple of people that have Teslas. Not once in my conversation with them did they mention that they bought it to save the earth.
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It’s happening whether conservatives oppose it or not…Money quote:
“In terms of large, utility-scale solar installs, the US added over 12.5 gigawatts of new capacity last year, bringing the total installed capacity to over 50 gigawatts. Texas led the way, with about a third of the total capacity added (3.9 GW) going online in the Lone Star State. Combined with residential and other distributed solar installations, solar alone accounted for 45 percent of the new generating capacity added to the grid last year.”
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Must be all those woke commie Californian immigrants that moved to Texas.
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Tucson Power Co. on verge of generating 30% of its electricity via Solar.
Of course the desert terrain has lots of wide-open spaces and lots of sunshine.
Almost oddly we see very few electric cars. Almost none. No idea why.
Maybe related to demographics there ? Or average or median income lower ?
Just throwing out ideas.
On number of total EVs , Arizona comes in at 2.8%, which puts them in top 10 states.
That’s not a new issue.
Just posting it in case EV haters put up a windmill on fire or claim that EVs are worse for the environment.
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Dang cats.
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