Will EVs Always Cost More Than Gas Cars?
Download MP3…So are electric vehicles can end up costing more or less than gasoline vehicles Certainly it's a new technology but there are also less moving parts and an Easier production. Process for electric vehicles. electric motors are actually easier to produce than gasoline engines you know with reciprocal pistons and all the associated parts. So what's going to be the future. This is an article that…says we should oppose an $80,000 compliance car meaning that…with states requiring electric vehicles and you have to comply with that. If you have to pay $80,000 to get one that may not be a good trade off. In fact what this author says is instead of seeing the price of EVs drop it seems most manufacturers are content to keep their EV offerings at or above the average price of a new car. And that's during the crazy pricing of 2002, a couple exceptions. but these expensive EVs are still subsidized Even if there's price caps. the credits. What that means is that the government is subsidizing vehicles but there are, limitations on your income and how much the vehicle can be. So what are. The future. projections for electric vehicles Are they going to be more expensive, more importantly Are they going to be purchased or are you just going to have to lease them Do you have to pay a monthly fee like you do for your phone? Electric vehicles have the prospect of making…Oh, transportation a little bit simpler where you can. Refuel so to speak at your house you can plug it in at night and you have your range the next day, but that assumes that. First of all, you have a place to plug it in If you live in an apartment or park on the street that's not going to work. Number two is the range We'll get you ever where you have to go before you have to come back home. You could charge outside the house But right now that takes a few hours and number three, that the price of the vehicle is palatable Meaning that. can afford it. You know if you have an $80,000 vehicle. And…you get a five-year loan at today's rates You're going to be well over a thousand dollars You're going to be probably 14 $1,500 a month for a payment. For that car for an $80,000 car. If you finance which most people do. So how's that going to work out for electric vehicles Not counting the fact that right now it's unclear whether or not the cost of electricity. To refuel per mile is at or above the cost of gasoline. Tell us your thoughts in the comments Do you have an electric vehicle? Are you finding it convenient or is it still too early to tell in the, evolution of that technology?
