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Electric vehicles make no economic sense
– do the math

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Posted By: Big Bopper, 3/15/2026 3:49:36 PM

Electric vehicles are probably the vehicle of the future, but they are not the vehicle of the present. Let’s look at the numbers. An EV uses about six cents of electricity to go a mile. That’s if you charge it at home with inexpensive residential electricity rates. It’s more if you use a charging station, and it’s more if it’s a large vehicle like a Rivian. And by the way, be prepared to leave it plugged in for several hours to get it charged. Gasoline-powered cars use about thirteen cents of gasoline to go a mile, assuming gas is something over $3/gallon and you get something like 25 mpg.

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Reply 1 - Posted by: DVC 3/15/2026 4:19:42 PM (No. 2080714)
Not the vehicles of the future, either.
6 people like this.

Reply 2 - Posted by: jeffkinnh 3/15/2026 4:25:14 PM (No. 2080715)
If the break even point is about 13 years, just about the time you break even you need to replace the batteries and you're back in the hole. But beyond all this, the raison d'être of the EV is environmental and the sad reality is that if you take a hard look at the manufacture and use of the EV, they are not all that environmentally friendly. Sure, they don't have exhaust issues. But the manufacture of the vehicle can have many harmful environmental effects. You end up trading one type of pollution for another. And of course there is the nasty issue that the batteries can catch fire in an accident and be almost impossible to extinguish. EVs may be useful to some people but we should not be subsidizing them. They should compete on their own merits. If they improve, more people will buy them.
10 people like this.

Reply 3 - Posted by: Mcscow sailor 3/15/2026 5:22:29 PM (No. 2080726)
I bought one. Local use, charging at home, takes less of my time (3.5 minutes per week) than filling my ICE car each week. The purchase was not virtue signaling, it was the reality that its assisted driving is safer for me on a highway than any other driving application. I do not care about long term depreciation…and the capital cost was at the midpoint of all new car sales.
1 person likes this.

Reply 4 - Posted by: bpl40 3/15/2026 5:34:12 PM (No. 2080729)
A ‘modern’ lithium battery doubles the amount of energy stored in an old fashioned zinc battery. Which is what made EVs feasible. But the same volume of gasoline when burned produces 43 TIMES that energy. Not only the economics but the physics isn’t there.
0 people like this.

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Posted by Big Bopper 3/15/2026 3:49:36 PM Post Reply
Electric vehicles are probably the vehicle of the future, but they are not the vehicle of the present. Let’s look at the numbers. An EV uses about six cents of electricity to go a mile. That’s if you charge it at home with inexpensive residential electricity rates. It’s more if you use a charging station, and it’s more if it’s a large vehicle like a Rivian. And by the way, be prepared to leave it plugged in for several hours to get it charged. Gasoline-powered cars use about thirteen cents of gasoline to go a mile, assuming gas is something over $3/gallon and you get something like 25 mpg.
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