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Topic: Cost of running electric tow car
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11/9/2022 at 6:08pm
Location: London Outfit: Lunar Cosmos 524
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Those that enthuse EV's as cheap to run are taking a snapshot in time view of current situation, inevitably, as was the case of 'cheap to run diesels' a few years ago, that WILL change in time as tax revenues fall from IC engined vehicles and various powers that be clamp down on EV's to compensate, motorist of any flavour are and have always been easy targets for raising cash!
Central Government aside, if they think the likes of London's Mayor Khan, and other major city officials, will give up on substantial revenues raised from IC vehicles when they become a minority and EV's are the majority, think again, it was never really about pollution control, it was always about cash raising, as every measure taken over decades has failed to achieve it's proclaimed goals, the ongoing schemes just get more grandiose and raise more cash, whereas in reality they should have been abandoned as abject failures, and alternative methods adopted! Khan for sure can't afford to loose the cash flow!
I think many EV owners are in for a nasty shock in a few years time if they don't grasp the consequences of the demise of IC vehicles and the loss of multiple tax revenues derived from them!
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12/9/2022 at 10:35am
Location: East Herts Outfit: 1992 Elddis Wisp 450CT + X Trail
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Quote: Originally posted by Monty15 on 11/9/2022
Those that enthuse EV's as cheap to run are taking a snapshot in time view of current situation, inevitably, as was the case of 'cheap to run diesels' a few years ago, that WILL change in time as tax revenues fall from IC engined vehicles and various powers that be clamp down on EV's to compensate, motorist of any flavour are and have always been easy targets for raising cash!
Central Government aside, if they think the likes of London's Mayor Khan, and other major city officials, will give up on substantial revenues raised from IC vehicles when they become a minority and EV's are the majority, think again, it was never really about pollution control, it was always about cash raising, as every measure taken over decades has failed to achieve it's proclaimed goals, the ongoing schemes just get more grandiose and raise more cash, whereas in reality they should have been abandoned as abject failures, and alternative methods adopted! Khan for sure can't afford to loose the cash flow!
I think many EV owners are in for a nasty shock in a few years time if they don't grasp the consequences of the demise of IC vehicles and the loss of multiple tax revenues derived from them!
Yes I too have said this for a long time. as the number of IC engined vehicles falls and the number of EVs rises, the burden of taxation will start to switch from one to the other, wiping out any running cost advantage. That along with massive hikes in electricity costs will probably make EVs more expensive to run than current IC vehicles.
------------- Best Regards,
Colin
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13/9/2022 at 3:11pm
Location: London Outfit: Lunar Cosmos 524
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Well, based on your figures for EV costs, my PETROL car can do 200 miles for around £27 at current supermarket Petrol prices, so EV is not looking quite so exceptionally good in comparison, especially when you factor in that I can get 600 miles out of a tankful of petrol, whereas with certainty you'd have to recharge perhaps twice if not more at premium rates on a commercial 'fast, rapid, ultra-rapid charger' to cover same distance. That rather looks like on cost we'd be at parity, or you may even be out of pocket depending on which re-charge tariff you were FORCED to pay (not enough re-charge points around yet to be too picky about where you re-charge!).
I'm not knocking EV's outright, and I think they make at least some sense in certain usage, but they are not yet in a position to claim outright superiority over IC vehicles in all scenarios. An EV for me would be a financial disaster, I just don't use a car for 'local' travel where 'cheap' home charging would benefit me, the vast majority of my driving is longer distances where I would be at the mercy of high commercial re-charge costs, as no way could I get there and back on a single charge!
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13/9/2022 at 3:30pm
Location: Northamptonshire Outfit: Bailey Unicorn S3 Vigo + Polestar 2
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Quote: Originally posted by Monty15 on 13/9/2022
Well, based on your figures for EV costs, my PETROL car can do 200 miles for around £27 at current supermarket Petrol prices, so EV is not looking quite so exceptionally good in comparison, especially when you factor in that I can get 600 miles out of a tankful of petrol, whereas with certainty you'd have to recharge perhaps twice if not more at premium rates on a commercial 'fast, rapid, ultra-rapid charger' to cover same distance. That rather looks like on cost we'd be at parity, or you may even be out of pocket depending on which re-charge tariff you were FORCED to pay (not enough re-charge points around yet to be too picky about where you re-charge!).
I agree - if your use case takes you away from home for further than the range of your car every day, then you have to take a look at the costs. As I mention, for me 95 out of 100 daily journeys are within the range of my full battery. I have had my EV since end of May last year, and its just done its 1st service (18,000 miles) so it's fairly well used - but certainly not a mega miler.
On the days I do have to charge away from home, I am not fully recharging, just charging enough to get home.
Quote:
I'm not knocking EV's outright, and I think they make at least some sense in certain usage, but they are not yet in a position to claim outright superiority over IC vehicles in all scenarios. An EV for me would be a financial disaster, I just don't use a car for 'local' travel where 'cheap' home charging would benefit me, the vast majority of my driving is longer distances where I would be at the mercy of high commercial re-charge costs, as no way could I get there and back on a single charge!
I don't think anyone is claiming outright superiority. They are more expensive up front, their towing limits are still not high, they have shorter range per "full tank", charging the tank takes physically (if not materially) longer, and the charging infrastructure is not yet as wide as would be liked.
But the question from the OP was, are they more expensive than ICE cars given the increase in electricity costs. The answer is very much - it depends - but in my case the answer, is no, its still far far cheaper to run an EV.
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