Wednesday, October 27, 2021

SHOULD I BUY AN EV OR GAS VEHICLE? Hmmm ...

 PERSPECTIVE:



PERSPECTIVE: Best-Selling Electric Vehicles of 2021 (Through Sept.) Hyundai Ioniq Electric (1595 units sold) Tesla Model X (3000 units sold) Tesla Model S (5400 units sold) Porsche Taycan (7228 units sold) Hyundai Kona Electric (7656 units sold) Audi e-tron and e-tron Sportback (7793 units sold) Nissan Leaf (10,074 units sold) Volkswagen ID.4 (12,279 units sold) Ford Mustang Mach-E (18,855 units sold) Chevrolet Bolt EV and EUV (24,803 units sold) Tesla Model 3 (94,900 units sold) Tesla Model Y (132,000 units sold) Top selling vehicles in America to date: Ford F-Series, 534,831 Ram Pickup, 434,772 Chevrolet Silverado, 407,266 Toyota RAV4, 313,447 Honda CR-V, 290,140 Toyota Camry, 256,769 Nissan Rogue, 234,647 Honda Civic, 216,575 Toyota Highlander, 207,564 Toyota Tacoma, 200,631 Toyota Corolla, 200,225 GMC Sierra, 191,186 Jeep Grand Cherokee, 189,727 Jeep Wrangler, 164,709 Ford Explorer, 160,174 Honda Accord, 157,988 Chevrolet Equinox, 151,110 Mazda CX-5, 137,343 Subaru Forester, 132,254 Subaru Outback Wagon, 122,978
Total Vehicle Sales: Electric - ~290k Gasoline - ~16M

CO2 benefits of EV's:
The electricity that supplies the energy for electric vehicles is generated by burning fossil fuels, including 30% with coal. In many other countries, such as China, the percentage of electricity from coal plants is much higher.

The average electric car uses kWh 0.346kWh per mile. The average kWh of electricity generated by power plants produces 0.85 lbs of CO2. The average gasoline vehicle gets 25.4 miles per US gallon which works out 0.0408 gallons per mile. Every gallon of gasoline burned creates about 8,887 grams of CO2 which works out to 363 grams (.8 lbs) CO2 per mile. Average CO2 Produced Per Mile (Energy used): Electric - .85 lbs Gasoline - .8 lbs

Energy Costs* Per Mile:
Electric - 4.33 cents per mile
Gasoline - 0.13872 cents per mile

*Figures based on 12.5 cents per kWh and $3.40 per gallon.
Dependency: Electric - Lithium (for batteries) supplied 80% by China Gasoline - Gasoline supplied by the USA Taxpayer Subsidies: Electric - $7500-$12,500 Gasoline - $0
Energy Distribution Requirements: Electric - new charging stations nationwide and massive improvement to our Electric grid. Gasoline - existing gas stations


Vehicle Cost - Average Vehicle Selling Price:
Electric - $51k Gasoline - $42k

Selection:
Wider selection of new and used vehicles to choose from. Gas handsdown.
Per Mile energy cost:
Gas advantage. Plus electricity costs are going to rise significantly in coming years!
Range on a charge versus a tank.
Gas advantage
Time to Refill verse Recharge:
Gas advantage

OTHER CONSIDERATIONS:
With electric vehicles there is an environmental hazard with dead batteries. EV batteries are larger and heavier than those in regular cars and are made up of several hundred individual lithium-ion cells, all of which need dismantling. They contain hazardous materials, and have an inconvenient tendency to explode if disassembled incorrectly. Gas vehicles have lead batteries that are easily recycled.
Economically viable electric vehicle lithium-ion battery recycling is rapidly and increasingly needed. But it is very unclear that there is an economical and viable solution. This may substantially increase the end-of-life disposal cost of EV's. This cost is not factored into the comparison, but it could be quit a sizeable disadvantage for EV's in the near future.

One more thing, and its a big thing! You know all that lithium that we are going to need to power the vast number of EV's. Well guess who is the WORLD'S largest miner of lithium? CHINA. And those mines are an environmental nightmare. So we go from depending on OPEC to "energy independence" to relying on China for lithium. UGH!!

BOTTOM LINE:
At this time the only reason an EV stands a chance in competing with gas power vehicles is because of large taxpayers subsidies. Someone has to cover the cost of those EV tax breaks!

There is the benefit of "virtue signaling." Driving an EV shows the world around you that you care about climate change and that makes you a "better person." Really??

CONCLUSION:
Buy an electronic vehicle because you prefer the way it drives, not because you are saving the planet.

There are many more cost effective ways to save energy and reduce greenhouse gases than buying an EV, at least at this point in time. Given all the advantages that Gas vehicles have presently, the choice is pretty clear.

By the same token, the future is not far off, maybe the span of one car lease, when the status of EV'S will be far better. Sunny days are ahead. Check it out.