posted in Technology
EVs are now 9 times cheaper than petrol or diesel to drive in the UK
cross-posted from: https://piefed.world/c/tech/p/1429718/evs-are-now-9-times-cheaper-than-petrol-or-diesel-to-drive-in-the-uk
www.carbonbrief.org/analysis-evs-are-now-nine-times-cheaper-than-petrol-or-diesel-to-drive-in-the-ukBy “nine times cheaper,” they mean the fuel for the EV can cost as little as 1/9th as much as the fuel for a gasoline / petrol car.
That’s great, as far as it goes, but depreciation per mile is usually a bigger cost than fuel. Other costs like registration taxes, insurance, and maintenance shouldn’t be expected to follow this 1/9th pattern either, of course. You’re not going to switch to an EV and find your total expense drops to 1/9th.
It feels to me like they’re telling an incomplete story on purpose.
Replying to @WesternInfidels@feddit.online
Depreciation is irrelevant and only brought up by combustion promoters. A car is a tool, not an investment in itself. The only relevant metric is overall yearly cost until the car dies.
Changing cars every few years, which is where depreciation matters, is an expensive luxury no one actually has to play.
Replying to @betanumerus@lemmy.ca
No it’s valid argument as 2nd hand ev market still basically non existent in majority of the world. Solid state batteries are set to ship next year which will further depreciate all EVs while ICE vehicles have been solved 20 years ago.
EV brands tend to be less trust worthy too. For example here in Thailand 2nd biggest chinese brand (Neta) just went bankrupt tanking resale value.
Replying to @drmoose@lemmy.world
Like a computer, socks or a can of fish, be the only one to use the car and you’ll never have to worry about depreciation and resale value. Trying to use it as an investment is for your own optional amusement.