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Re:Volkswagen launches its first all-electric SUV, the ID.4 by Someone1234 on Friday April 23, 2021 @03:45PM (#26918416)
Gas is down to $3 and electric $12/kWh, with the state now charging electric vehicles higher registration fees yearly to offset the gas tax savings. There's likely small savings every year, but we're talking almost $20K price difference, maybe $12K with federal (and no state) rebate, you aren't going to be breaking even.

Plus fun fact: My insurance would go up a lot with a Model 3 from my current vehicle, 25% more a month. Why? I have no idea, but I'm guessing higher write-off or repair costs.

Re:Volkswagen launches its first all-electric SUV, the ID.4 by elihu on Friday April 23, 2021 @04:41PM (#26918980)
I think you mean 12 cents a kWh? (So, a 60kWh battery can store $7.20 of electricity. Charging isn't perfectly efficient, so more like $8 to fully charge.)

Let's say you can go 200 miles with that $8 of energy, that's 4 cents a mile.

Let's say a gas car is 30 miles per gallon of $3 gas, or 10 cents a mile. Over 200,000 miles, that's $20,000 for fuel, versus $8,000 of electricity in the EV. Seems like the total cost of ownership just about breaks even with federal rebates, and ignoring maintenance costs (generally expected to be higher with the gas vehicle) and ignoring that paying the cost up-front for an EV removes the potential for that money to accrue interest (which favors the gas vehicle).

I'm hoping the EV costs continue to fall until we get to close to parity in terms of vehicle purchase price. This can happen either by battery prices falling, or for people to adjust their expectations and accept shorter range, or for the need for large batteries to become obsolete due to electrified roads that let you charge while the vehicle is still moving.

Re:Volkswagen launches its first all-electric SUV, the ID.4 by theshrike79 on Friday April 23, 2021 @04:46PM (#26919011)
Am I understanding this right?

You're saying that gas is $3/gallon and electricity is $12/kWh?

Over here gas is around $7,50-$8 per gallon and electricity is around $0.05/kWh. A 100km drive in an EV costs around 2€, while in a petrol powered car the cost is 8.5€ for a low consumption car.

No wonder Americans drive huge cars with no regard to consumption :D

Re:Volkswagen launches its first all-electric SUV, the ID.4 by sib on Friday April 23, 2021 @06:35PM (#26920031)
I am 100% certain that ($12/kWh) is a typo.

Even in CA, with some of the most expensive electricity, it's about $0.20 - $0.25 / kWh...

Re:Volkswagen launches its first all-electric SUV, the ID.4 by holoduke on Friday April 23, 2021 @06:05PM (#26919745)
Which country do you live? Here in the Netherlands we pay roughly 20 dollar cents per kWh and 10 dollars per gallon
Re:Volkswagen launches its first all-electric SUV, the ID.4 by Hamuko on Friday April 23, 2021 @03:49PM (#26918462)
The Model S was at least notorious for long and expensive repairs if you got into a crash. Not sure if that's the case for the Model 3 but Model S insurance rates are most probably high because of that.
Re:Volkswagen launches its first all-electric SUV, the ID.4 by the_duke on Friday April 23, 2021 @04:21PM (#26918764)
Still the case for Model 3/Y.

Repairs can take months due to lack of spare parts.

Re:Volkswagen launches its first all-electric SUV, the ID.4 by dreamcompiler on Friday April 23, 2021 @06:18PM (#26919856)
Electricity costs an average of $0.12/kWh in the US, not $12. It varies between about $0.083/kWh in Washington state to as much as $0.40/kWh in parts of Hawaii.