alt Hacker NewsThe cost of EV energy (to the driver) is about half that of the cost of gas energy. And that's if you buy electricity at charging stations [1].
If you charge at home it gets less. If you have solar at home it approaches zero.
Yes, the cost of the car itself is a factor, but even there prices are dropping all the time.
>> when you can only take 10% as much fuel
effeciency makes all the difference when we discuss % of fuel. 90% of 100 mj is the same as 30% of 300 mj. So already the "fuel" can be 66% less. Generally though the raw amount of mj isn't a very important number. A better measure (which takes effeciency, and tank size into account) is "range". But even that is somewhat meaningless. At some point range is "enough". For daily commutes that may be 50 miles. For long-distance it might be 500 miles.
In only a very few cases would a pickup with 2000 mile range be more useful than one with 1000 mile range.
Plus you can also factor in maintenance costs. The cost of ownership of an ev, from a service and maintenance point of view is a lot lower.
[1] ymmv somewhat. Although electricity prices vary a lot, so do gas prices. The 50% saving (at worst) is a pretty good rule of thumb though.
Replies
Before the Iran war, I did a back of the envelope calculation for the price of gas of your average ICE for a certain fixed range vs. the price of electricity an average EV uses for the same range. This was under the assumption that you buy electricity at a random charging station that you don't have a contract with.
Based on these average values I used, EVs fared slightly worse.
This was not factoring in costs of purchase or repairs etc. And all averages were taken off the internet so everything had to be taken with more than a grain of salt. But the outcome was nowhere near your statement of EV energy costing about half of the cost of gas for the driver.
Before I drove an EV, I drove a 50 mpg Prius. At California prices of ~$4/gallon, that’s $.08/mile.
My post wildfires NEM2 off peak rate for electricity is $.40/kWh. My Bolt gets 4.5 miles/kWh. That’s $.1125/mile.
If I were driving a Tesla it would be worse (my wife’s Tesla lies mercilessly about its range when full; it’s like Elon Musk recapitulates himself; real world it gets about 3.5 miles/kWh), and if I drove a Rivian it would be MUCH worse.
So, in California, it isn’t true at all (mostly because rate payers are funding PG&E’s liability) that the most efficient EVs are cheaper than a good mileage gas car. No where near a 2x advantage (it was better, but not nearly 50%, when I bought it, more like 90% of the gas cost). At no point has it ever been close to 50% cheaper for fuel in California (which, as it happens, sells by far the most EVs).
Generally speaking, I think EV proponents (like me!) should spend a lot less time promoting “it’s cheaper”. It is, in practice, cheaper, because maintenance is cheaper. But Americans don’t care about levelized costs, they care about the highest salience variable expenses, and trying to convince them to do otherwise is a losing argument.
Indeed, solar panels and EVs are the way of the self-sufficient rugged individualist. It's an amazing PR and marketing coup to make it the other way around and presented as something for "liberal weaklings" etc.