Driving into the Future: Will switching to an EV really save you money?

For one thing, it’s really easy to call for an end to subvention of your product when there’s not a government in the world that’s even, and is promising to keep the EV gravy train rolling until at least 2032. It’s pretty easy to virtue-signal something when you know there’s not a chance in Hell you’re going to actually have to act on it.

But wait, as Ron Popeil used to say, there’s more. BMW is also promising a simultaneous 30-per-cent improvement in range, most of that increase — about two-thirds, says— the result of the increased density of those new 46-millimetres cells. In plain terms, BMW is saying its extended range results from packing more of those raw materials — which, as I said, account for half of the total cost of the battery — into its cars.

Nonetheless, much of the extra cost of the BEV version comes down to electrification. In this case, that includes a 78-kilowatt-hour battery. Going by the last consensus on battery-pack pricing — back in 2021, by the way — of costs being US$131 per kilowatt-hour, that puts the manufacturing cost of the XC40’s battery somewhere in the range of US$10,000, which, at today’s exchange rate, works out to about 13,500 Can-bucks.

drivingdotca You save money not only on electricity but also on maintenance. No oil changes or tune ups. Even brakes last longer due to regeneration

drivingdotca Nope it won’t. I never will

drivingdotca Not really, but if you completely ignore the cost of an EV as well as the eventual battery replacement cost, and just focus on the cost of electricity vs gasoline then YES, and EV WILL save me a lot of money 👍🏻

drivingdotca No if in the country hydro one will bill your electricity usage through the roof

drivingdotca No...just strain the grid

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Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep
Source: calgaryherald - 🏆 64. / 52 Read more »

Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep drivingdotca No drivingdotca NOPE drivingdotca No. Not at all.
Source: TheTorontoSun - 🏆 23. / 68 Read more »

Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep drivingdotca Nope. Not one penny. ESPECIALLY when that battery dies and needs replacing at 1.5X the vehicles worth! Worst ROI EVER!! drivingdotca Yeah till you have to replace the battery and figure out that you don't have 20k to sink into a 6 year old car
Source: ottawasuncom - 🏆 4. / 92 Read more »

Driving into the Future: Will switching to an EV really save you money?Once again, it seems electric\u002Dvehicle manufacturers are making promises their cars just can’t keep drivingdotca If you don’t count the initial purchase price of $50-60K then yes you can save money on gas drivingdotca $80k Tesla lemon drivingdotca When does the MRVD start rolling brownouts to accommodate these electric vehicles? It isn't working out very well for the Swiss and it has a great infrastructure.
Source: VancouverSun - 🏆 49. / 61 Read more »