New York Times Gets Electric Car Costs Very Wrong
The New York Times does what it can to shift focus away from stagnating wages and record profits.
The New York Times does what it can to shift focus away from stagnating wages and record profits.
In a recent piece at The Wall Street Journal, we learn that the prices of electric vehicles, like all vehicles, are skyrocketing: “Overall, the average price paid for an electric vehicle in the U.S. in May was up 22% from a year earlier, at about $54,000, according to J.D. Power. … [continued]
Ford CEO Jim Farley says electric cars need to be less expensive. Audi agrees.
Leasing Options, a leasing service that has been serving the UK for over 30 years, has shared its findings on the fastest and cheapest electric vehicles (EVs) in the UK.
Cheap electric vehicles? Is there such a thing? Do they exist in the UK?
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?
I recently published some cost comparisons between the Tesla Model 3 and various Honda Accord trims. As I implied at the time, these models shouldn’t even be in the same discussion since the Model 3 is a much better vehicle (safer, quicker, more advanced tech, better handling), but the fact is that they do compare when it comes to 5 year cost of ownership. However, when I published the previous comparisons, I didn’t include the cost of interest if you took out an auto loan to finance the purchase.
Reporting on the Tesla Model 3 is weird. It’s a car that can smoke a BMW M3 on the track yet is cost competitive — or even cheaper than — a Toyota Camry or Honda Accord (seriously).
In a new report, BNEF predicts electric cars will become price competitive with conventional cars by 2022. Perhaps the EV revolution is really happening?
With all the hype Big Auto generates with press releases and concept cars, you’d think its dealerships would be flooded with electric vehicles by now. Unfortunately, that’s not the case. But slowly, ever so slowly, new EVs are being introduced. How do they compare with Tesla vehicles? That’s always the first question on everyone’s lips.