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Using $10,000 as an example. Assuming super expensive fuel and terrible efficiency... Gas car - 20 miles/gallon, $4.00/gallon ($4.00/20 = $0.20/mile. $10,000/$0.20 = 50,000 miles) Electric car - 200 miles/74kWh [Tesla M3], $0.25/kWh (74 * $0.25 = $18.50. $18.50/200 miles = $0.0925/mile. $10,000/$0.0925 = 108,108 miles) So assuming a gas car since the miles are the most expensive there, you would be looking at 50,000 miles for $10,000 in fuel. That checks out for me. Using that assumption. Uber charges $0.78/mile and $0.27/minute. Assume only 75% of driving is charged to the customer (going to a fare, going to a charger, etc), that gives you 37,500 miles. Assuming 45 miles per hour (probably too high) at $0.27/minute = (37,500/45)60 = 50,000 minutes of driving $0.27 = $13,500 37,500 miles * $0.78 = $29,250 So $42,750 in rev. - $30,000 in fuel, insurance, maintenance, and depreciation, you're still $12,750 in profit. Again, is pretty much giving every disadvantage possible. In an electric car scenario you could easily drive 200,000 miles on $10,000 in electricity. Which would multiply all numbers by 4. I'm not trying to take your numbers too specifically, just illustrating for the sake of discussion. |