Well That's A Shock, Says Nobody

[douglas9401]

https://www.bbc.co.uk/news/business-63029226

It was ever so, they did it with diesel after everybody was encouraged to switch and now it's happening with the shiny milk floats too.

[Bazile]

Going to have to adapt these electric vehicles to incorporate a solar panel on the roof

[Gromit]

Energy prices are rising, and electric car run on energy, so of course the cost is rising.

But the headline and the story are misleading. Petrol cars work out at 19p per mile, and home charged electric cars at 9p a mile, less than half the cost. Electric car owners recharge at home overnight.

[bhg481]

Don't electric cars cost a lot more in the first place? That's got to be taken into account when calculating running costs. For example, my diesel car cost a lot more than the petrol version when I bought it but, at 40mpg compared to 25mpg, it's saved the extra many times over.

[Zacs-Master]

We do.

[Zacs-Master]

That was to Gromit.

[Zacs-Master]

‘Don't electric cars cost a lot more in the first place?’

Generally, yes, especially now the Govt’s £2500 contribution has stopped.

[bhg481]

and when the battery goes, as it will, the car will be a write-off because of the high cost of a replacement. It will be interesting to see how long (miles/years) the batteries last.

[barry1010]

That's for the drivers who choose to use the public rapid chargers. Doesn't affect those who charge at home, use their employers' charging points or choose the standard chargers.
Of course rising electricity costs will impact electric car owners but as it stands it is still much cheaper to charge a car at home than use petrol

[Gromit]

Electric cars are usually about £10,000 dearer.
But fuel prices less than halve that of hydrocarbons means they work out cheaper in the long run.

[ToraToraTora]

Looks like my supercharged Jag is back in vogue!

[barry1010]

The batteries ARE replaced and the price of batteries is dropping rapidly year on year. If you buy a new electric car today the battery will be guaranteed for at least 8 years by which time replacement batteries will be a lot more affordable.

[ToraToraTora]

....I took my GPZ out for good long spin yesterday too!

[Zacs-Master]

Filthy swine!

[Gromit]

// The falling cost of producing batteries for electric vehicles, combined with dedicated production lines in carmarkers’ plants, will make them cheaper to buy, on average, within the next six years than conventional cars, BloombergNEF found. //

[bhg481]

Ah, financial experts predicting the future again. hmmm.

[Old_Geezer]

You hope batteries will become more affordable but the cost of the raw materials are shooting up due to demand. Not that 'green' to make 'em either.

[ToraToraTora]

...^^^ that's right, lithium is the new "black Gold".

[Gromit]

OG,
Not hope, they have got cheaper.

// The price of lithium-ion batteries has also plummeted: In 2011, a lithium-ion battery cost $946 per kilowatt-hour. In 2021, it cost only $132. //

[Zacs-Master]

That’s the usual ‘new technology development’ costs reducing as well as mining costs falling.

[douglas9401]

Frying pan to fire revisited.