I.C.E./B.E.V price parity today?

[aerohead]

MOTOR TREND reported on a comparison between the Hyundai Kona 1,6T (ICE) model,and the Kona Electric.
*The 1.6T is $26,995.
*The Electric is $38,285.
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*At a 12-year vehicle life-span, 13,000 miles/year,and 2020 dollar-adjusted fuel and electricity pricing,and ignoring all other operating costs:
*The 1.6T costs $46,102 to own and operate.
*The Electric costs $ 46,127 to own and operate.
*A $25 dollar difference overall.
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Suggesting,very simplistically,that at least in the case of the Kona,the price of a BEV is ultimately no different than an equivalent ICE variant.
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*Production cost of the Kona Electric is $10.174/pound
*Production cost of the Nissan LEAF Plus SL is $11.304/pound
*Production cost of the Tesla Model 3,Standard Range Plus is $ 11.452/pound
*Production cost of the Honda Civic Type R is $ 11.467/pound
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Boy! Those are some expensive pistons!

[cRiPpLe_rOoStEr]

Not so many people keep a vehicle for such a long time, and it's also worth to consider how full-hybrid systems such as the HSD have been taking over the role of a traditional automatic transmission in other markets where automatics were still not as popular as in the U.S. and Japan. Since the EV bits of some hybrids could effectively provide enough power just like their gasser counterparts do, hadn't it been for battery prices and range anxiety it would be possible to keep EV prices down if there wasn't an intention to increase their performance to the point of outperforming a gasser. This was basically the same strategy that initially seemed to attract more customers toward Diesel engines, until the complexity increased substantially to render them uncompetitive for many customers in more cost-sensitive segments.

[aerohead]

I understand the point.What I was hoping to illustrate,was,in looking at life-cycle cost,The BEV would ultimately cost no more.The piston lobby probably wouldn't be real happy about diminishing markets and eventual extinction.But no one cries for the ice man,or livery stable owner.
The ICE behaves like an un-insulated home that must be heated and air conditioned for the next 200-years.You might have made out like a bandit on the purchase price,but over time,the home will cost more in energy cost than the home itself. Like a pickup truck.

[rmay635703]

Originally Posted by aerohead

I understand the point.What I was hoping to illustrate,was,in looking at life-cycle cost,
The BEV would ultimately cost no more..

The EVs $665 title+ registration wipes out any real savings, gotta ban those taxes then we can talk

[redpoint5]

Sure, and average vehicle ownership length is 6.5 years, so the original owners never "break even" on an EV.

Then there's the lost investment potential of paying more upfront for a vehicle, which is the opportunity cost.

EV's aren't at parity with ICE for the typical person yet. The earliest prediction I've seen is 2025, but I think that's still optimistic. I'll go with 2030 as a WAG.

[aerohead]

Originally Posted by rmay635703

The EVs $665 title+ registration wipes out any real savings, gotta ban those taxes then we can talk

Is that nationwide? I haven't bought one,so I don't know. I've only bought one new car in my life,back in 1984.I don't remember being stung like that,or are they just discriminating against EVs? That would make sense here in Texas,where the government,at all levels 'ARE' the oil industry,and gas-guzzler makers, and might not look forward to reduced petroleum revenue.

[oil pan 4]

Retarded things like hybrid and electric vehicle tax isn't everywhere but it's spreading like cancer especially in blue states. Democrat never heard of a tax they didn't like.
In New mexico there was a hybrid and ev additional tax bill that died.
It's like so do you want more electric vehicles as part of the renewable energy BS thing you passed last year or tax the 2,500 electric vehicles that are already here and make sure that number doesn't grow?

[aerohead]

Originally Posted by oil pan 4

Retarded things like hybrid and electric vehicle tax isn't everywhere but it's spreading like cancer especially in blue states. Democrat never heard of a tax they didn't like.
In New mexico there was a hybrid and ev additional tax bill that died.
It's like so do you want more electric vehicles as part of the renewable energy BS thing you passed last year or tax the 2,500 electric vehicles that are already here and make sure that number doesn't grow?

Seems like,if they're concerned about the highway tax fund,if say,your LEAF or Sonata were rated at 100 mpg-e,and the average annual mileage driven was x-miles,they'd just divide x by 100,get their equivalent gallons,and tax at the regular Federal and State fuel tax rate,per gallon.Otherwise its discriminatory and kinda like extortion.Do they punish us when we switch from incandescent light bulbs to LEDs?

[oil pan 4]

Here they wanted to charge $100 extra for electric and $50 for hybrids.
I would have to drive a versa around 20,000 miles per year to burn $100 worth of road tax fuel.
The hybrid only gets 20 to 35% better fuel economy than the all gas 4cyl. So I would have to drive somewhere around 30,000 miles per year to make up that difference.
If they pass that stupid law I will buy an oil burner car and sell the leaf.

[rmay635703]

Originally Posted by aerohead

Is that nationwide? I haven't bought one,so I don't know. I've only bought one new car in my life,back in 1984.I don't remember being stung like that,or are they just discriminating against EVs? That would make sense here in Texas,where the government,at all levels 'ARE' the oil industry,and gas-guzzler makers, and might not look forward to reduced petroleum revenue.

Thankfully no it isn’t

That is a specific county
title = 2.5x registration charges (EV fee is apart of the registration charge)
so counties with higher taxes like wheel tax tend to pay more.


You really need to dig into your local DMV to determine what the taxes are for hybrid/PHEV/ BEV in your area.
For some reason “Everybody is doing it” is good enough reason
even though there is no rational need or reason for them to do so.

Only good thing in this area
is my antique BEV is registration exempt, NEV and 3 wheel. BEVs are $24 biannually but that blasted title fee can still suck depending on the specific vehicle identifier.

Quite unfortunate that we the US are the only country in the world that feels we need to tax the crap out of a plug in or even a non-plug in hybrid, the law in my state is actually illegal and violates equal protection laws but nobody wants to push the legal problem to get it overturned.