Running an electric car is twice as expensive as a petrol one

By Free Republic | Created at 2024-09-24 14:51:21 | Updated at 2024-09-30 17:16:51 6 days ago
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Running an electric car is twice as expensive as a petrol one
Yahoo ^ | September 20, 2024 | Henry Bodkin

Posted on 09/24/2024 7:47:47 AM PDT by george76

Electric cars are up to twice as expensive as petrol or diesel vehicles to run...

Running an electric vehicle (EV) can cost more than 24p per mile, while a diesel vehicle is 12.5p .. 80p per kilowatt hour ...

A typical electric car will travel 3.3 miles for every kWh of electricity used, meaning rapid and ultra-rapid chargers currently cost the equivalent of 24.1p per mile.

...

This is about double the average diesel car, which will do 43 miles per gallon, resulting in a cost of 12.5p per mile at current prices. A typical petrol car costs 14.5p per mile,...

A return journey from London to Penzance would cost £148 in an electric car using rapid chargers .. compared with £77 in a diesel car and £89 using petrol.

...

prices at rapid chargers have increased by 5 per cent over the past year, despite a 30 per cent decrease in the wholesale cost of electricity.

This has coincided with a fall in the price of oil.

Even drivers who choose slower public chargers – the threshold is 50 Wh of power, allowing a full recharge in around 30 minutes – are paying more per mile than petrol and diesel drivers.

...

recent figures show sales of electric cars have significantly slowed.

They account for 17.2 per cent of all new registrations since the beginning of 2024. This marks a decrease from the 18.7 per cent high in the latter half of 2022.

..

rapid and ultra-rapid chargers currently cost electric car drivers the equivalent of 24.1p per mile, while slower chargers cost the equivalent of 16.4p per mile.

...

Sales of electric cars in Europe are performing even worse than in the UK, with figures showing registrations were down by 44 per cent in August.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; European Union; France; News/Current Events; Politics/Elections; United Kingdom
KEYWORDS: electric; electriccar; electriccars; electricvehicle; electricvehicles; ev; evs

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1 posted on 09/24/2024 7:47:47 AM PDT by george76


To: george76

2 posted on 09/24/2024 7:49:32 AM PDT by bray (It's not racist to be racist against races the DNC hates.)

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