Ugh. I saw the headline and I was hoping it would be an entry-level, low cost, highly analogue, "looks just like a normal car but electric" car.
It is low cost! The Tesla Model 3 was twice the cost almost a decade ago.
BTW: The price premium for electric is offset by the lower cost of electricity, and the fact that electricity's cost is much less volatile than gas.
Depends on where you live. In states like Connecticut, or certain areas of California (PG&E Bay Area customers), the ROI is very long or simply doesn't pencil out at all. I think for Connecticut, which has high electricity prices but low gas prices, it's just net negative. For me in SF, despite high gas prices the ROI is just too long (5-10 years?), and that's before factoring in the ~$5000+ required for updating my electrical box, which is a conservative estimate because now the city requires the meter to be outside the house, whereas it's currently in the garage.
Until your current car dies, ges old or whatever happens, you decide you need a new one anyway. At that point the ROI is not the total cost of the car but the difference compared to your alternatives.
Yes, the difference. I'm not comparing keeping an ICE to purchasing a new EV. The premium for EVs is $5-10k or more relative to ICE models, and the $5k is being charitable.
zacharycohn · · focus · HN ↗
gwbas1c · · focus · HN ↗
BTW: The price premium for electric is offset by the lower cost of electricity, and the fact that electricity's cost is much less volatile than gas.
wahern · · focus · HN ↗
bluGill · · focus · HN ↗
wahern · · focus · HN ↗