| ▲ | seanmcdirmid 12 hours ago | ||||||||||||||||
Hybrids and PHEVs are more complicated given that they are both ICEs and EVs. A pure EV is much cheaper, and many places in the developing world don't have easy access to oil anyways. | |||||||||||||||||
| ▲ | hedora 9 hours ago | parent [-] | ||||||||||||||||
Even in the US, our overpriced EVs are cheaper than comparable ICE. They’re mostly big, and compete with 20mpg models. At $4/gallon, you’ll spend $40K on gasoline to drive a new ICE car 200K miles. The EV premium is typically $10-20K. These are all luxury cars, so a trimline upgrade is often $10K. EVs have particularly poor resale value (the technology improves rapidly), so if you’re price sensitive you can get a much better deal by buying something a few years old. In places where competition is allowed, EVs are much cheaper than ICE. That’ll eventually be true in most places. If NZ lets the Chinese models in, I’d expect them to take over immediately. | |||||||||||||||||
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