This is a good summary but what is missing is the fact that in most jurisdictions it is much cheaper to operate an EV than an ICE vehicle so over time the EV is cheaper even if you pay more up front. But in a few years, EVs will be cheaper up front as well.
My trip to pick up from Heathrow last evening £3.40p for the 130 mile trip, driving each way with cruise contol set to 70 mph. What price for a Petrol, Diesel or hybrid 5 seat car? AT my normal non motorway speeds my EV averages 1.91p per mile. (averaged over 24k miles)
A key part is the time it takes to charge. Cheap cars will also need 20 minute charging features to be successful in the mainstream market. So we'll need the current high-end batteries to trickle down over the next 3-4 years. Once you can charge in 20 mins and get 250+ miles... ...there isn't much point in an ICE car. That's the case for the high end market today, of course...
@@davidlloyd1526 I found the best solution is to charge your car while we do our weekly shop within 20mins. My local Aldi's carpark has 25p Pod-Points. The speed is 22kWh and which is perfect if your not driving to work every day.
A key part is does the car do what you want it to do? There is no point spending thousands extra for a faster charging time, if you never need it. I found the sweet spot for me was a car that had a range of over 200 miles and could be charged at home overnight for little cost. (Normally 8p KWh , 1.91 pence per mile) My car can be rapid charged on the ocassional holiday trip, but how often do you really drive over 200 miles in a day?
Many thanks for your analysis on this subject I wonder whether you could put your thoughts sbout buying older higher priced evs second hand. I am contemplating getting a polestar around the 20k mark. Is this better than going for a nearly new mg5. My dilemma is servicing spare part availability etc. I would appreciate your thoughts.
When cheaper high capacity batteries (Solid state/sodium types) come onto the market we can see the small car market take off as these will be primed for acceptance (quicker charging/longer range).
The price of the batteries are falling all the time, soon it will be possible to replace the whole battery for 300 quid I wonder what the anti-EV lot will make of that. Merry Christmas and a Happy New year! 🙂
I would love an electric vehicle, the infrastructure in the area where I live is virtually non existent, we have plenty of charge points in the area but only 2 are actually connected to the grid, the other downsides for older people like myself, I don't understand screens, I pay for everything with cash, I don't have a credit footprint so I'm unable to get a credit or bank card, currently I pay for my fuel with cash, electricity has to be paid for with a card, I'm one of the many who hasn't got access to home charging, the cost of running an electric vehicle without home charging is far more expensive than running my current vehicle, and I would have to buy a bigger vehicle to be able to manage my daily commute of 60 miles, I have no interest in buying brand new, the depreciation is too much, but even the bigger vehicles with a bigger range are more on the used market than my annual income, now the government has screwed around with the road tax, again that adds to the cost, although I agree with you that batteries will come down in price and like the guy said about computers, even though I know nothing about computers, I used a computer for the first time in May of this year, they have improved, as for cost, I haven't got a clue, this computer was given to me by a friend and the only thing I know how to use is TH-cam. As costs are gradually coming down, even if it is down to depreciation, it's not the vehicles that are the issue, it's the lack of infrastructure, the high cost of electricity and for older people like myself, we can't pay with cash and many older people living around my neighborhood, they've never used cards, the only downside I can see as far as the vehicles are concerned is the fact that everything is on screens, there's no physical buttons, you have to take your eyes off the road to function the screens, again no good for us oldies
@@andrewgage6942 A used Renault Zoe 50 can cover that range easily. This car is also not solely relying on a screen... There are buttons and knobs, just like a regular car. You can use a car? Then you can of course use a car like this as well. The cost of public charging and the hassle of starting that charge are indeed real, well there's got to be a solution if the government wants it to be widely accepted
@@MrKOenigma the cost of charging is way more than the cost of petrol or diesel yet a few years ago, even public charging was a lot cheaper, I don't know how far an electric Zoe would travel, I must admit, in an ideal world, which I know it's not, I would like a vehicle I could charge once a week, but I'm looking well out of my reach price wise. I drove a 2021/22 Corsa, I was thoroughly impressed, probably too big for my needs physically, but even the guy at the dealership commented on the lack of infrastructure in the area, 2024 coming in to 2025, we still only have one working charge point in the town and the parking fees whilst charging are also extortionate. Things like this need to be looked into, we are in a cost of living crisis, I admit, I'm looking after what's in my pocket and trying to keep something back for emergencies or the unexpected so a change of vehicle is off my list at present, my current vehicle, although it's 13 years old and I've owned it for most of its life on the road, I know I can afford to run it and I don't have the complications of trying to get a credit card for my fuel as I can still pay with cash, that's a big bonus for me as I can't spend what I don't have and there's no way of knowing what you spend when using a card and I've seen a few TH-cam electric vehicle owners mentioning that there's nothing to tell you on the charger how much you have spent, you have to wait for the invoice to come through, that scares me, not knowing
@@andrewgage6942 Lots of can'ts in there, as with everything that is change something has to budge, there will always be some minor inconvenience if you are used to doing things another way. You could for example, if you are already with Octopus, or could consider changing to Octopus, get one of their Electroverse cards. Its not a credit card, your charging costs are added to your energy bill at a discounted rate too. No need for screens, other than to read the screen on the public charger and tap the card when it says to do so. The infrastructure is improving all the time too with 31,000 installed in the last two years. If you get an EV now, as new chargers are installed you'll really start to notice an improvement as new sites are added even in your local charging desert, I live in rural Hertfordshire and the number of new chargers around me, including a new GridServe electric forecourt is loads more than there was when I got my EV two years ago. A petrol head neighbour of mine was all excited when they started building the Stevenage Gridserve place, he came up to me and said "they are building a new services at Knebworth" until I told him it was an EV charging station, you should have seen his smile drop. :-) Another of my neighbours, a couple in their 80's recently got an EV and no driveway to charge it either, if they can do it you can!
Dacia spring also doing deals with 0% finance over 3years (and fitting a free wall charger so home charging at 7kWh is possible).. it's a simple second car for any small family
octopus have nighttime tariff that's only 7p a kWh. So it's very cheap to charge and simple replacement of any CO2 polluting car with lower servicing costs
I just sold my Model 3 Dual Motor with FSD + acceleration boost with 40k miles for $20k USD. That is really cheap for a car that rivals Hellcats in the 1/4 mile.
This is a good summary but what is missing is the fact that in most jurisdictions it is much cheaper to operate an EV than an ICE vehicle so over time the EV is cheaper even if you pay more up front. But in a few years, EVs will be cheaper up front as well.
My trip to pick up from Heathrow last evening £3.40p for the 130 mile trip, driving each way with cruise contol set to 70 mph. What price for a Petrol, Diesel or hybrid 5 seat car?
AT my normal non motorway speeds my EV averages 1.91p per mile. (averaged over 24k miles)
I guess looking back at the first nissan leafs (leaves🤔) at £21,000 ish, excluding grant, things are improving at last. Thanks for update.
A key part is the time it takes to charge. Cheap cars will also need 20 minute charging features to be successful in the mainstream market. So we'll need the current high-end batteries to trickle down over the next 3-4 years.
Once you can charge in 20 mins and get 250+ miles... ...there isn't much point in an ICE car. That's the case for the high end market today, of course...
@@davidlloyd1526 I found the best solution is to charge your car while we do our weekly shop within 20mins. My local Aldi's carpark has 25p Pod-Points.
The speed is 22kWh and which is perfect if your not driving to work every day.
A key part is does the car do what you want it to do? There is no point spending thousands extra for a faster charging time, if you never need it. I found the sweet spot for me was a car that had a range of over 200 miles and could be charged at home overnight for little cost. (Normally 8p KWh , 1.91 pence per mile) My car can be rapid charged on the ocassional holiday trip, but how often do you really drive over 200 miles in a day?
Many thanks for your analysis on this subject
I wonder whether you could put your thoughts sbout buying older higher priced evs second hand. I am contemplating getting a polestar around the 20k mark. Is this better than going for a nearly new mg5. My dilemma is servicing spare part availability etc. I would appreciate your thoughts.
When cheaper high capacity batteries (Solid state/sodium types) come onto the market we can see the small car market take off as these will be primed for acceptance (quicker charging/longer range).
The price of the batteries are falling all the time, soon it will be possible to replace the whole battery for 300 quid I wonder what the anti-EV lot will make of that. Merry Christmas and a Happy New year! 🙂
I would love an electric vehicle, the infrastructure in the area where I live is virtually non existent, we have plenty of charge points in the area but only 2 are actually connected to the grid, the other downsides for older people like myself, I don't understand screens, I pay for everything with cash, I don't have a credit footprint so I'm unable to get a credit or bank card, currently I pay for my fuel with cash, electricity has to be paid for with a card, I'm one of the many who hasn't got access to home charging, the cost of running an electric vehicle without home charging is far more expensive than running my current vehicle, and I would have to buy a bigger vehicle to be able to manage my daily commute of 60 miles, I have no interest in buying brand new, the depreciation is too much, but even the bigger vehicles with a bigger range are more on the used market than my annual income, now the government has screwed around with the road tax, again that adds to the cost, although I agree with you that batteries will come down in price and like the guy said about computers, even though I know nothing about computers, I used a computer for the first time in May of this year, they have improved, as for cost, I haven't got a clue, this computer was given to me by a friend and the only thing I know how to use is TH-cam.
As costs are gradually coming down, even if it is down to depreciation, it's not the vehicles that are the issue, it's the lack of infrastructure, the high cost of electricity and for older people like myself, we can't pay with cash and many older people living around my neighborhood, they've never used cards, the only downside I can see as far as the vehicles are concerned is the fact that everything is on screens, there's no physical buttons, you have to take your eyes off the road to function the screens, again no good for us oldies
@@st200ol they will make other excuses... You see? It already started
@@andrewgage6942
A used Renault Zoe 50 can cover that range easily. This car is also not solely relying on a screen... There are buttons and knobs, just like a regular car. You can use a car? Then you can of course use a car like this as well.
The cost of public charging and the hassle of starting that charge are indeed real, well there's got to be a solution if the government wants it to be widely accepted
@@MrKOenigma the cost of charging is way more than the cost of petrol or diesel yet a few years ago, even public charging was a lot cheaper, I don't know how far an electric Zoe would travel, I must admit, in an ideal world, which I know it's not, I would like a vehicle I could charge once a week, but I'm looking well out of my reach price wise. I drove a 2021/22 Corsa, I was thoroughly impressed, probably too big for my needs physically, but even the guy at the dealership commented on the lack of infrastructure in the area, 2024 coming in to 2025, we still only have one working charge point in the town and the parking fees whilst charging are also extortionate. Things like this need to be looked into, we are in a cost of living crisis, I admit, I'm looking after what's in my pocket and trying to keep something back for emergencies or the unexpected so a change of vehicle is off my list at present, my current vehicle, although it's 13 years old and I've owned it for most of its life on the road, I know I can afford to run it and I don't have the complications of trying to get a credit card for my fuel as I can still pay with cash, that's a big bonus for me as I can't spend what I don't have and there's no way of knowing what you spend when using a card and I've seen a few TH-cam electric vehicle owners mentioning that there's nothing to tell you on the charger how much you have spent, you have to wait for the invoice to come through, that scares me, not knowing
@@andrewgage6942 Lots of can'ts in there, as with everything that is change something has to budge, there will always be some minor inconvenience if you are used to doing things another way. You could for example, if you are already with Octopus, or could consider changing to Octopus, get one of their Electroverse cards. Its not a credit card, your charging costs are added to your energy bill at a discounted rate too.
No need for screens, other than to read the screen on the public charger and tap the card when it says to do so. The infrastructure is improving all the time too with 31,000 installed in the last two years.
If you get an EV now, as new chargers are installed you'll really start to notice an improvement as new sites are added even in your local charging desert, I live in rural Hertfordshire and the number of new chargers around me, including a new GridServe electric forecourt is loads more than there was when I got my EV two years ago.
A petrol head neighbour of mine was all excited when they started building the Stevenage Gridserve place, he came up to me and said "they are building a new services at Knebworth" until I told him it was an EV charging station, you should have seen his smile drop. :-)
Another of my neighbours, a couple in their 80's recently got an EV and no driveway to charge it either, if they can do it you can!
Dacia spring also doing deals with 0% finance over 3years (and fitting a free wall charger so home charging at 7kWh is possible).. it's a simple second car for any small family
octopus have nighttime tariff that's only 7p a kWh. So it's very cheap to charge and simple replacement of any CO2 polluting car with lower servicing costs
I just sold my Model 3 Dual Motor with FSD + acceleration boost with 40k miles for $20k USD.
That is really cheap for a car that rivals Hellcats in the 1/4 mile.
How many try to rival Hellcats in a 1/4 mile drag race? I would be interested to know.
we can have chjeap chinese cars but eu and us decided for tarrifs lolz