Even in the USA it costs more to recharge electric cars than to fill up internal combustion cars
For the first time in 18 months, the cost of fuel for electric vehicles in the United States is higher than that of gas-powered cars, according to a consulting firm. A nasty surprise for those who bought an electric car thinking of saving and now find themselves … spending more.
“In the fourth quarter of 2022, drivers of average price Internal Combustion Engine (ICE) cars paid approximately $11.29 to refuel their vehicles per 100 miles of driving. This cost is approximately $0.31 less than that paid by average-priced EV drivers charging predominantly at home and more than $3 less than the cost paid by peer EV drivers charging commercially.” Anderson Economic Group (AEG) said in an analysis.
Only luxury EVs still enjoy a cost advantage over their gas-powered counterparts. In the fourth quarter of 2022, it will cost luxury EV owners an average of $12.40 to drive 100 miles if they charge primarily at home, or $15.95 if they charge at commercial charging stations.
Meanwhile, the fuel cost for gas-powered luxury cars is $19.96 per 100 miles on average.
The fuel costs reported in the analysis are based on actual driving conditions in the United States, including the underlying energy cost, state taxes applied for road maintenance, the cost of running a pump or charger, and the cost of traveling to a fuel station, AEG said.
Filling up is not the only problem faced by electric cars in the USA, even repairs are so expensive that there is no convenience in doing them. Insurance companies are sending low-mileage Tesla Model Ys to salvage auctions because they're too expensive to repair.
According to a Reuters analysis based on online data from Copart and IAA, the two largest salvage auction houses in the US, most of the more than 120 Model Ys that were wrecked in a crash and then put up for auction In December and early January they had less than 10,000 miles on the odometer.
Copart and IAA auction listings indicate whether the vehicles have been involved in head-on, rear-end or side-on collisions and usually include post-crash photos of each vehicle. But the listings don't reveal specific details about the type of damages suffered. In some cases, Copart's ads included the names of insurance companies that had bought back crashed vehicles and then put them up for auction. These companies include State Farm, Geico, Progressive and Farmers. Geico is part of Warren Buffet's Berkshire Hathaway Inc. In short, in the end not even those who have to pay for accidental damage insurance have an interest in having damaged cars repaired which, evidently, have a negative value.
Please, buy electric cars.
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The article Even in the USA the recharging of electric cars costs more than the refueling of internal combustion cars comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/anche-negli-usa-costa-piu-la-ricarica-delle-auto-elettriche-che-il-pieno-alle-auto-a-combustione-interna/ on Wed, 01 Feb 2023 07:00:40 +0000.