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.
This used to be true, but gas is $6.30/gallon in California now with no particular reason to think it is coming back down. I haven't actually re-done the numbers, but I have to imagine the ~40% increase in gas prices over the last year have significantly moved the needle in CA.
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 ↗
ak6te · · focus · HN ↗