You can lease a new Tesla Model 3 today for $399 a month.
https://www.tesla.com/new/5YJ3E1EA1KF416102
My local power company's off peak rates are .09kwh
Off-peak
Midnight – 5 p.m.
$0.0969 kWh
All day weekends and holidays
Lets figure in how much the petroleum industries are subsidized?
A new study,
the G7 Fossil Fuel Subsidy Scorecard, measured the US against other G7 countries on each country’s progress in eliminating fossil fuel subsidies.
The US ranked the worst out of the G7 countries, spending over $26 billion a year propping up fossil fuels. (The G7 countries are Canada, France, Germany, Italy, Japan, UK and the US.)
I think EV subsidies are minuscule in comparison...and much more beneficial to our health
The red is irrelevant. All that shows up in the pump prce, so I'm paying my share of those $26B. With 268 million cars in the USA, that is a hit of $100 per vehicle.
Compare to he $7500 tx credit (a massive subsidy) for every e-car. And hat's not counting the bait&switch from the utility companies ... privileged rates for e-car users won't last forever.
$400 a month x 48 months = $19153 and you have NO car at the end of it. Show me purchase numbers; let's compare apples and apples.
My 6-year-old Honda was $17 k out the door (cash purchase). A Camry is $30k or so out the door.
Aftr 4 years, recovered value will be much higher for either gasser.
Also, my Honda burns 100% petroleum. In an e-car, I'd be using a significant fraction of coal (especially east of the Sierras) as the source of those kWh. Tell me again how clean a coal-burning car is.
Are EV subsidies
per unit really smaller than for gassers?
And they're still not the tool for long trips or operating in a power outage.
Please make a real economic argument with the above stipulated. No sales talk like leasing, which is never a good idea if you want to save money. And no conveniently ignoring my most salient points:
range
coal
subsidies
oppressive charge times
the massive environmental cost of building an e-car (the cobalt, nickel, lithium etc. needed is being dirtily refined in China).
From engineer.com:
"Lithium production in South America doesn’t have so much to do with the element’s availability in the soil, but with water. The Andes mountains are very dry, but the lithium extraction process requires water in no small amount to bring the element up to the surface in a salty brine—500,000 gallons of water per ton of lithium,
according to Wired. In some regions in Chile, 65 percent of water is used up in lithium production, diverting it from local food production. The brine then requires 12 to 18 months to evaporate. Any water returned to the farmers could be tainted with chemicals."
Tesla uses Panasonic batteries with lithium sourced by Albemarle. From their website:
"Albemarle operates two world-class raw material resources based on brine. One is located in the Salar de Atacama (Chile), and the other one in Clayton Valley near Silver Peak, Nevada (USA). The company also holds a 49% share in the spodumene mine of Talison Lithium in Australia. In addition, Albemarle owns a spodumene mine in Kings Mountain, NC, USA which is not in operation today. With these resources Albemarle has a superior position in terms of backward integration as well as security of supply."
For a simply fascinating read on how these notionally "green" cars seriously and adversely affect the natives of the lithium-bearing regions in South America (where over 50% of known lithium reserves reside) I suggest this.
https://www.washingtonpost.com/graphics/business/batteries/tossed-aside-in-the-lithium-rush/?noredirect=on
