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So what?

Battery costs are still falling and the typical cost of a battery in a mid range EV is about 6000 USD. For the battery to lose 30% of capacity, it takes 10 years. So your amortized cost (crude) for 10 years is about 400 USD per year.

I am sure the gas costs will be much more than that, compared to EV running costs.

Still a great deal.




This model assumes one person owns the vehicle for the entire vehicles life.

In reality, someone buys an EV new, drives until the battery is worn out, and trades it in. Now the price of used cars just went up $6k across the board because you need to put a new battery in any affordable used car out there.


I think that's a bit overblown, but even in that case I think it's a better deal than playing the odds on an ICE car, that the engine was maintained well by previous owners, that the transmission isn't packed full of sawdust to mask its issues until you're down the road.




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