More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
How long should a battery last compared to an ice engine… and how much should it cost to replace? If you actually look into the statistics, battery packs (at least on Teslas) last longer than ICE motors by a factor of 2 to 5. And their replacement costs are currently around 2x, but will come down over time. Regardless, I’d never replace a battery pack, just like I’d never replace an ICE motor.
If you run the numbers down to a per mile cost, EVs… especially Teslas… outlast and are significantly cheaper to operate than any ICE vehicle on the market. There is a huge amount of disinformation out there around EVs.
That’s not to say everyone can afford to spend the money (or get the loan) to go electric up front… but if you can manage it, it will pay off in the long run. I’ll never buy another ICE vehicle as long as I live. It‘d feel like I’m flushing money down the toilet.