[nnnnc]

Completely agree with this.

Additionally, the risk exposure of owning an EV is pretty bad. The initial cost is extremely high, the immediate depreciation is high, fluctuating energy costs impact TCO, fast chargers are effectively more expensive than petrol here limiting long range economy, longevity data is fairly limited, there are serious difficulties getting them repaired and the complexity results in reliability issues. At this point I don't know anyone who's bought an EV who didn't eventually replace it with another vehicle, apart from one guy who has a Model S as a drive ornament and never uses it.

Seems like a poor investment. I'll stick with my 2014 Citroen which I can replace entirely for the first 20 nanoseconds of depreciation if I buy an EV. And the 5 year fuel cost is paid for by the second 20 nanoseconds of depreciation :)

[shever73]

>Additionally, the risk exposure of owning an EV is pretty bad.

I'm not sure where you're getting that data from, maybe it's different where you live.

> The initial cost is extremely high, the immediate depreciation is high

I dispute that the initial cost "extremely high". Higher, yes, but those prices are coming down. The depreciation here in Ireland is a lot less than a traditional ICE car. My 3 year-old Mini Electric had lost a lot less, percentage-wise, than the comparative ICE model when I traded it in recently. My service costs for those 3 years were zero.

> fast chargers are effectively more expensive than petrol here limiting long range economy

The key word in that is probably "here". In Ireland, I can do 300 miles per €25 of fast charge. My previous diesel car would have cost €50 for the equivalent distance.

[peterfarkas]

Have you had the opportunity to charge your EV at home? I think in most countries, charging your EV at home is the only way to make EV cheaper to drive than ICE.

[shever73]

I live in an apartment building with chargers in the underground carpark, so that's where I usually charge. It's cheaper than public chargers, but not quite as cheap as a home one.

Having said that, fast charging is still cheaper than running an ICE, as I mentioned in the parent comment.

[peterfarkas]

I don't think we can universally say that fast charging is still cheaper than ICE, this statement will not apply everywhere in the world. In most EU countries I've been to or lived in, fast charging was more expensive than driving an ICE car with an economy engine. The cost of public charging in my home country for example equals to a fuel consumption of 6.5L/100km in cost, while an economy ICE car consumes less than that.

[dirtyaura]

Can you list examples of those countries?

I haven’t analyzed the whole world, but in the developed parts of Europe, EV fuel costs are clearly cheaper than ICE

[surrealize]

> fluctuating energy costs impact TCO

compared to gas?