Reply to Please take the Electric Vehicle pledge for Montgomery County

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Reply to "Please take the Electric Vehicle pledge for Montgomery County"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Recent study suggests that EV owners don't buy EVs to save on gas, but rather because they have expendable income to spend on their belief in saving the environment.  [/quote]

But they save on gas just the same.  I'd buy an EV in a heartbeat if my building had charging stations and if I could make it far enough to visit family on a charge.  Back in 2007/2008 I bought a Honda Civic because it got 45 mpg on the highway and saved me a ton of money.[/quote]

The point is that EVs are by and large more expensive than your average gas vehicle, and the price point is too high for most.  Plus, the battery of an EV is very expensive to replace and dies after like 7-10 years, so used EVs aren't necessarily the greatest option.  People who have fewer spare dollars aren't going to spend it to feel good about their environmental commitment.  EVs are still a luxury good.

Plus, as you've noted, they don't quite fit in the market widely yet because of the low range per charge (particularly for the cheaper ones) and a lack of charging infrastructure.[/quote]

The average new car costs $40,000; there are plenty of EVs for that price or less, and most of them also get a $7,500 federal tax credit. So if you can afford a new car, you can afford an electric one. Yes, some of them are very expensive, but that’s the case with gas cars, too. Simply being electric doesn’t make a car a luxury good anymore. [/quote]

There are like two EVs that cost less than $40,000 -- the Leaf and the Bolt.  The Bolt has a battery that keeps getting recalled due to fires, and the Leaf has a crap range.

And new cars only cost $40,000 this year because of the various problems related to the pandemic.  Generally the number is lower.[/quote]

The VW ID.4 base price is $39,500. The Kia Niro EV starts at about $39,000, too. The Ford Mach-E starts at $43,000. The average price of a new car now is actually $47,000; in 2019, pre-pandemic, it was about $40,000. The point is, once you account for the tax credit, a brand-new EV is significantly cheaper than the average brand-new car, both before and after the pandemic, and even without the pandemic supply problems, there are plenty of non-luxury-priced EVs.[/quote]

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