A decade ago, wind power was already basically cost-competitive with conventional power sources, utility-scale solar was significantly more expensive but starting to bloom, and electric vehicles were hardly a blip on the horizon and basically unknown to most of us. How did that change in the past 10 years?
The report is another data point showing that a family’s total cost of ownership of electric cars is better than for gasoline or diesel vehicles. And with all of the other benefits — including health, much lower greenhouse gas emissions and typically greater safety — it’s not hard to see that the shift to electric cars will only accelerate.
It’s no secret that electric vehicles carry higher sticker prices than comparable legacy vehicles (although it’s debatable whether any gas-burner is truly “comparable” to an EV, especially a Tesla). Of course, as any EV booster will tell you, the difference in purchase price is offset by savings on fuel and maintenance, as well as the various tax breaks and incentives that are available.
Home charging of electric vehicles uses considerably less energy annually in a typical household in the US than home heating or water heating, according to new data from the US Department of Energy (DOE).
Analysts for UBS have torn apart a perfectly good Chevy Bolt to see how it is put together. What they found led them to make this rather startling announcement: the “total cost of consumer ownership [of electric cars] can reach parity with combustion engines from 2018.” Notice that doesn’t mean an electric car and a conventional car will cost the same to buy new. It means they will cost the same to own, figuring in maintenance, cost of fuel, insurance, and all the other factors that are part of the total cost of ownership.
Right around the same time that a New York Times reporter managed to bungle a simple city-to-city electric vehicle test drive along an East Coast charging network, earlier this year a consortium in Europe launched a new three-year, multinational project to take the whole thing to the next level. The … [continued]
There is a growing interest in Electric Vehicles with many vehicles being offered and planned for future release. The uninspired and those who may be in the employ of the Koch Machine will long and loudly rail against the EV for its status as a ZEV. But at ground level, especially in difficult economic times it is the vehicle’s cost that will motivate mass adoption of electric cars.
