Electric Cars Are Already Cheaper To Own and Run Than Petrol Or Diesel, Says Study (theguardian.com)
An anonymous reader quotes a report from The Guardian: Electric cars are already cheaper to own and run than petrol or diesel cars in the UK, US and Japan, new research shows. The lower cost is a key factor driving the rapid rise in electric car sales now underway, say the researchers. At the moment the cost is partly because of government support, but electric cars are expected to become the cheapest option without subsidies in a few years. The researchers analyzed the total cost of ownership of cars over four years, including the purchase price and depreciation, fuel, insurance, taxation and maintenance. They were surprised to find that pure electric cars came out cheapest in all the markets they examined: UK, Japan, Texas and California.
Pure electric cars have much lower fuel costs -- electricity is cheaper than petrol or diesel -- and maintenance costs, as the engines are simpler and help brake the car, saving on brake pads. In the UK, the annual cost was about 10% lower than for petrol or diesel cars in 2015, the latest year analyzed. Hybrid cars which cannot be plugged in and attract lower subsidies, were usually a little more expensive than petrol or diesel cars. Plug-in hybrids were found to be significantly more expensive -- buyers are effectively paying for two engines in one car, the researchers said. The exception in this case was Japan, where plug-in hybrids receive higher subsidies. The study has been published in the journal Applied Energy.
Pure electric cars have much lower fuel costs -- electricity is cheaper than petrol or diesel -- and maintenance costs, as the engines are simpler and help brake the car, saving on brake pads. In the UK, the annual cost was about 10% lower than for petrol or diesel cars in 2015, the latest year analyzed. Hybrid cars which cannot be plugged in and attract lower subsidies, were usually a little more expensive than petrol or diesel cars. Plug-in hybrids were found to be significantly more expensive -- buyers are effectively paying for two engines in one car, the researchers said. The exception in this case was Japan, where plug-in hybrids receive higher subsidies. The study has been published in the journal Applied Energy.
At the moment the cost is partly because of government support, but electric cars are expected to become the cheapest option without subsidies in a few years.
So it's cheapest -- as long as you ignore that pile of money over in the corner that someone else is paying, and one we promise will go away Real Soon Now. Good grief.
Let's not forget that in most markets electric cars get a free ride on public roadways. Gasoline taxes are collected to pay for the infrastructure combustion engines drive on, electricity has no such taxes so plug-in electrics pay no taxes based on usage, and hybrids only pay minimal taxes, based on the gasoline they use when the charge runs out.
Ken
Given the tax bill the republicans just passed, ahahahahHhahahhahahahahahahahahahaha
I notice that the projection in ownership costs is only for four years. I do have to wonder if they chose that time frame because of the five year warranty some Electric Vehicle manufacturers have on the battery pack. If you factor in a battery pack replacement to those costs for the longer term running of an electric vehicle, then those figures don't look so rosy for EVs.
I also wonder if they have factored in the cost of installing high output charging outlets in homes to accommodate electric vehicles. When charging from a standard 110V outlet EVs, such as the Tesla, will only get about 5 miles of range charge per hour. It would take a couple of days to fully charge most EVs at that rate. Faster charging is done by installing higher output outlets (using twin chargers, or 240V lines, or three phase). EV advertising typically show people plugging their cars in when they get home, so that is clearly an intended use case. However, upgrading a residential switchboard to handle a high output EV charger is a significant expense, and one that reasonably needs to be factored into the total cost of owning an EV.
The other issue is that the electricity has to come from somewhere. While some countries have the benefit of renewable energy, other countries still rely heavily on coal and fossil fuels for power generation (for instance in the US 70% of electricity comes from coal & fossil fuels). With the use of EVs predicted to dramatically increase, the demands on electrical grids is also going to dramatically increase. While hydroelectric powerstations are cheaper than coal / fossil fuel plants, they can only be built in limited places. Both wind and solar are very expensive, and again can only be built in limited places. That leaves coal/fossil fuel and nuclear as practical generation alternatives. With nobody investing in new nuclear, that just leaves coal/fossil fuel plants. Burning coal is far worse for the environment than refined fuels (such as gasoline and diesel). Burning bulk natural gas and liquid petroleum is not much better. It seems to me that while EVs are directly free of emissions, they are just moving the Greenhouse Emissions issue further up the chain. In the US, more Greenhouse Emissions come from electricity generation than from transport.
I really do think EVs are great, but they aren't perfect (yet) and they don't solve everything.
If you're going to factor in the production and transmission efficiencies of electrical power, you need to do the same for gasoline or you are comparing apples to oranges.
The thing that makes it uneven (and even unfair) is the fact that the public is paying for your use of that vehicle in terms of road maintenance costs you aren't contributing to and subsidies you are getting.
If you find that upsetting, consider that virtually all road damage caused by vehicles is done by heavy trucks, but they hardly pay more to offset that. Those costs should be paid by transportation companies and wind up baked into the cost of goods, which would permit purchasing decisions which reflect the true state of the world. Instead, everyone has to pay those costs, even people who don't buy goods which are transported long distances.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
This story is disingenuous. If they had said the cars are competetive costwise without the subsidies, the title would have been justified. The way it is, its propoganda for the liberal agenda.
Frank W. Miller