We let us do the maths;
A low end ICE vehicle (historically in Australia) would last 20-30 years if it is serviced regularly. $30k.
Let us pretend it uses a tank of fuel a week ($5000),annual
Servicing is $1000 a year and insurance is $1000 a year.
That is $7000 per year running cost.
That is $30k+30*$7k =$240k
Let’s take an EV, assuming insurance is $1000, servicing is $500, cost is $100k and lifetime is 10 years before the battery is useless. I’m not going to worry about electricity.
3*$100k+30*$1500 = $750k
“That’s not fair, you can buy a cheap EV for $50k, and batteries may last longer than 10 years!”
Ok then, 2*$50k+30*$1500=$550k
We let us do the maths; A low end ICE vehicle (historically in Australia) would last 20-30 years if it is serviced regularly. $30k. Let us pretend it uses a tank of fuel a week ($5000),annual Servicing is $1000 a year and insurance is $1000 a year. That is $7000 per year running cost. That is $30k+30*$7k =$240k
Let’s take an EV, assuming insurance is $1000, servicing is $500, cost is $100k and lifetime is 10 years before the battery is useless. I’m not going to worry about electricity. 3*$100k+30*$1500 = $750k
“That’s not fair, you can buy a cheap EV for $50k, and batteries may last longer than 10 years!” Ok then, 2*$50k+30*$1500=$550k
You’re making up numbers to come to the conclusion that fits your narrativ, good job 👍
I would like to see your calculations. Please enlighten us.