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.
I can't afford Petrol or Diesel.
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
eGolf lease deposit - $4000
Lease monthly payment - $50
Price to drive to work 12000 miles at 4m/kWh and $0.11 per kWh - $330
Total cost of ownership over 3 years - $6740
Golf lease deposit - $3000
Golf lease monthly price - $170
Price to drive 12000 miles at 36mpg and $2.60 per gal - $867
Price for yearly service - $300
Total cost of ownership over 3 years - $12451.
To support AC's point:
http://www.dollarsandsense.org...
https://www.energyandcapital.c...
https://www.huffingtonpost.com...
From the first one, discussing the US defense-related costs as just one aspect: "Put all these numbers in perspective: The price of a barrel of oil consumed in the United States would have to increase by $23.40 to offset military resources expended to secure oil. That translates to an additional 56 cents for a gallon of gas, or three times the federal gas tax that funds road construction. If $166 billion were spent on other priorities, the Boston public transportation system, the âoeT,â could have its operating expenses covered, with commuters riding for free. And there would still be money left over for another 100 public transport systems across the United States. Or, we could build and install nearly 50,000 wind turbines. Take your pick."
But there are many other external costs to fossil fuels like health care costs (the legacy of leaded gas is still taking a tremendous toll on our society, but air pollution in general is a killer). For example:
https://thinkprogress.org/here...
"The average cost of a gallon of gasoline in the U.S. right now is $2.47. If that cost took into account the environmental and human health costs of burning the gasoline, however, it would more than double, according to a new study. The study, published this week in the journal Climatic Change, created models for the âoesocial cost of atmospheric release,â a method of determining the costs of emissions beyond their market value. According to the study, accounting for the social costs of burning gasoline would add an average of $3.80 per gallon to the pump price, raising the price to $6.27. Diesel has an even higher social cost of $4.80 per gallon. The study also measured the social costs of other fossil fuels not used at the pump. Coal, for example, would jump from 10 cents per kilowatt hour to 42 cents per kilowatt hour, the study found. And natural gas, which has emerged in recent years as a cheap source of fuel, would see its price rise from 7 cents per kWh to 17 cents per kWh."
And on the legacy of leaded gas (and how it has contributed to the USA's huge prison populations): http://www.motherjones.com/env...
A related essay I wrote in 2009 on "Why luxury safer electric cars should be free-to-the-user":
https://groups.google.com/foru...
"This essay explain why luxury safer electric (or plug-in hybrid) cars should be free-to-the-user at the point of sale in the USA, and why this will reduce US taxes overall. Essentially, unsafe gasoline-powered automobiles in the USA pose a high cost on society (accidents, injuries, pollution, defense), and the costs of making better cars would pay for themselves and then some. This essay is an example of using post-scarcity ideology to understand the scarcity-oriented ideological assumptions in our society and how those outdated scarcity assumptions are costing our society in terms of creating and maintaining artificial scarcity."
But the real answer (if maybe not politically acceptable) is not to subsidize electric cars. It is to tax *all* the externalizes of fossil fuel use at the point of purchase, bringing the cost of gas to, perhaps, US$10 a gallon or more. The tax could be redistributed as a basic income to everyone.
Perhaps the deepest irony about all this (mentioned in the above essay) is mentioned here by B
A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
Or instead, instead of playing amateur scientist on the net, the GP could listen to actual scientists who've studied the issue. ;)
Pinkypants -- my favorite!