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Cycles... climbing gas prices causing buyers to eye EVs again
chun
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It's been like 2 weeks of higher / climbing gas prices.
Calm down.
This is the level of panic people had during covid when they were affraid they will run out of toilet paper/flour and bought mountains... Ridiculous.
It's not like charging costs for EVs have gone down, they have more than doubled since i bought my car. And electrcity prices at home have also more than doubled.
The days where you could sell EVs because they are cheaper to run are over... and if that was ever so important, people would buy KIA or Toyota with amazing consumption.
And that's before you even factor in the insane premium on EV insurances...
Calm down.
This is the level of panic people had during covid when they were affraid they will run out of toilet paper/flour and bought mountains... Ridiculous.
It's not like charging costs for EVs have gone down, they have more than doubled since i bought my car. And electrcity prices at home have also more than doubled.
The days where you could sell EVs because they are cheaper to run are over... and if that was ever so important, people would buy KIA or Toyota with amazing consumption.
And that's before you even factor in the insane premium on EV insurances...
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Flying ace
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Consumers in the US are very short sighted. I would not be surprised there is a bump in EV sales in March. Peak charging and electricity rates are high in California, and IIRC from computations of my personal behavior, charging at peak is equally or more expensive than operating a PHEV.
Part of the reason consumers are short sighted in decision making is that many people live paycheck to paycheck. So often they associate the most immediate need/spend with affordability, i.e. they need to buy gasoline and cannot afford $100 cost for a full tank, so they purchase only $30, and associate that with the cost of gasoline or efficiency of their vehicle when in reality, maybe it's their $60/month phone plan and $180/month of discretionary spending that's the real issue.
The good news is that utilities in the US is heavily regulated in it's pricing, so consumers are insulated from short term energy market swings.
In 2 weeks, I'll be doing a multi-day road trip in the Taycan, and my charging cost will be close to free bc of my remaining EA plan and taking advantage of low cost destination AC charging. I'm glad not to be paying $7.00/gallon fuel, and the $0.70/kwh charging rates
Part of the reason consumers are short sighted in decision making is that many people live paycheck to paycheck. So often they associate the most immediate need/spend with affordability, i.e. they need to buy gasoline and cannot afford $100 cost for a full tank, so they purchase only $30, and associate that with the cost of gasoline or efficiency of their vehicle when in reality, maybe it's their $60/month phone plan and $180/month of discretionary spending that's the real issue.
The good news is that utilities in the US is heavily regulated in it's pricing, so consumers are insulated from short term energy market swings.
In 2 weeks, I'll be doing a multi-day road trip in the Taycan, and my charging cost will be close to free bc of my remaining EA plan and taking advantage of low cost destination AC charging. I'm glad not to be paying $7.00/gallon fuel, and the $0.70/kwh charging rates
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