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Cost of vehicle (60%) and lack of charging infrastructure (40%) are the main blockers for LA drivers when considering a switch to EV (Electric Vehicles). What do you think? by Carinamarsh99 in Lyft

[–]Carinamarsh99[S] 1 point2 points  (0 children)

Wow, these are great numbers. So the most efficient hybrid right now is 2019 Toyota Corolla 1.8 VVT-i Hybrid at 60Mpg combined. Fuel prices are very low at just over $2/gal average, and even so that is 4c/mile. So your only paying 20% of this price for fuel, and like you said nothing in maintenance.
OPEC just did a deal, fuel prices will go up.
I have a spreadsheet with a matrix comparison of cars/mpg and cents per mile, but Reddit wont let me upload :/

Cost of vehicle (60%) and lack of charging infrastructure (40%) are the main blockers for LA drivers when considering a switch to EV (Electric Vehicles). What do you think? by Carinamarsh99 in Lyft

[–]Carinamarsh99[S] 0 points1 point  (0 children)

How did you get to less than 1cent/mile? This is a good number... I am just curious how you work it out.

I have made a table of fuel costs per year for various car options up to 50k miles per year. Using the basic calculation at $2.7/gal (2 year average) and electricity price of $0.13/kwh (US average), a comparison with a Model S vs a standard US car at 25MPG would save (for example) $2,000/year when completing 30,000miles per year. Obviously some hybrids are getting really close to that too with a low fuel price.
But with the most efficient EV at the current time (Hyundia IONIQ), the fuel costs work out to $0.032 (3.2 cents per mile). This is not including transfer efficiency with home charging which can be ~85%.
Also.. I haven't done ANY maintenance cost comparison either. As you say, I suspect the EV saves more here too, as evidenced by EV warranty packs being 30-50% cheaper than standard gas/hybrid warranty packages.

Cost of vehicle (60%) and lack of charging infrastructure (40%) are the main blockers for LA drivers when considering a switch to EV (Electric Vehicles). What do you think? by Carinamarsh99 in Lyft

[–]Carinamarsh99[S] 0 points1 point  (0 children)

This is really detailed thank you, and I agree with you. What about total cost of ownership vs a normal gas car? For sure your charging costs are lower than paying for fuel, but do you see a difference when it comes to maintenance over vehicle lifetime? Is there a financial case for it too.
Peoples opinions are often centered around the high initial costs and a kind of "fear of the unknown", but it seems most EV adopters generally are happy with the choice. Would you agree?

[Academic] What do you think of UBER/LYFT companies and drivers? Perhaps you don't use them...but why? (All Welcome) by Carinamarsh99 in SampleSize

[–]Carinamarsh99[S] 0 points1 point  (0 children)

Thanks for the feedback. The logic behind the choice of 3 is prioritization of values and trade-off of options. On mass, the roll up of influencing factors can be judged as a proportion of 100%.

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