Electricity cost is on par or exceeds cost of ICE fuel (gas or diesel) in most of the western world and beyond. Also EVs have much lower resale value.
Electricity cost is on par or exceeds cost of ICE fuel (gas or diesel) in most of the western world and beyond. Also EVs have much lower resale value.
That's assuming you have to pay for it. I charge my car from my roof top solar, so it costs nothing.
The resale value for EV's isn't good, but the reason is battery prices are dropping, and batteries are the primary cost of an EV. They dropped 30% in the last year. If that continues, it's all over for US car makers once the tariffs go away.
The resale values on used EVs are poor because things are improving so fast. The new ones are better and cheaper, which isn’t really the case for ICE models.
The only exceptions are the first few years of Leaf’s, since they ate batteries, and teslas because of the non-removable MAGA bumper stickers.
I bought my ev used for 16k, with a basically brand new battery (mandatory recall) still under warranty. I'm not gonna resell it, I'm probably gonna keep it till the wheels fall off.
Doubt.