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Yeah, that was the cheapest of each truck in town…. You’ll never find a base model lightning here that doesn’t have $15k in options.In fairness, you're comparing a Lariat (fairly high trim) to a Gen 4 Express (one gen old and a low trim).
That's the electric rate now, what do you think is going to happen as there is more demand from the electric grid? That rate is going up, probably exponentially the more gas goes away. Also did you factor in the battery loss from as it gets cold out? Most of the EV battery ranges don't reflect cold weather losses. That $4711 gap will close even faster.I went over my electricity bills for the past year and came up with an average of $0.34/kWh overall fees, taxes included. The lightnings hwy mileage is 42.8kWh/100kms, and let’s be real,
It’s a lot bigger than that, there are many private businesses -contractors etc- who will never need to drive more than 100 miles or so a day. Out to the site and back. Parking every night back at the business site for charging.THe big 3 completely misjudged their market. The market fort EV trucks are local governments who have fuel efficiency or climate goals they are trying to reach. Also company's who need trucks to drive around their campus, or storage lots.
That's the electric rate now, what do you think is going to happen as there is more demand from the electric grid? That rate is going up, probably exponentially the more gas goes away. Also did you factor in the battery loss from as it gets cold out? Most of the EV battery ranges don't reflect cold weather losses. That $4711 gap will close even faster.
I rough crunched some numbers and charging an EV with a level 2 charger for 2 hours a day costs more than running a 2-ton air conditioner for 8 hours a day (2-ton air is found in a typical 800-1000 square ft house).
I agree and a business is going to price out the vehicle over 10 years. So they would pay a premium for an EV, if it was less then their projected 10 year maintenance costs. That could easily equal 10k.It’s a lot bigger than that, there are many private businesses -contractors etc- who will never need to drive more than 100 miles or so a day. Out to the site and back. Parking every night back at the business site for charging.
Business will only get onboard when the math makes sense. An $80k luxury EV won’t win out over a gas Tradesman trim. Build EV versions at comparable trims and reasonable price premium and they’ll sell.
What most respondents are overlooking is this is the early adopter phase, where new products are marketed to enthusiasts with deep pockets. Those buyers want all the features money can buy.
Business will only get onboard when the math makes sense. An $80k luxury EV won’t win out over a gas Tradesman trim. Build EV versions at comparable trims and reasonable price premium and they’ll sell.
I know it varies from region to region but our net price for electricity counting taxes and fees averages 14.03 cents. 34 cents seems high.Yeah, that was the cheapest of each truck in town…. You’ll never find a base model lightning here that doesn’t have $15k in options.
From Red deer to High river, this is the cheapest I found using Fords search engine.
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So, let’s compare that with my current truck. See if we can find the “break even” point!
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77439 kms over a year and a half. $159xx in gas.
I went over my electricity bills for the past year and came up with an average of $0.34/kWh overall fees, taxes included. The lightnings hwy mileage is 42.8kWh/100kms, and let’s be real, I drive mainly highway. Had I owned a lightning over this mileage I would have spent $11268 in electricity charging from home. I would have saved $4711.
My Warlock cost $58k all in. With the Pro model at $838xx the difference is $25800. Saving $4711 over 77500kms it’s going to take well over 400000kms to break even on gas/electricity costs alone.
Maintenance costs. $50/oil change. $400 so far. Transfer case and diff fluid, another $200ish.At some point I’ll do the transmission fluid, spark plugs, and oil cooler assembly, so another $400. Anything else I’ve done or will do to the truck like tires, wipers, coolant, and car washes with be equal between both trucks. We’re at $1000 here, not the 1000x maintenance bill so far.
Major failures? Can’t predict that between with trucks but the both have expensive parts and if the traction battery or the v6/drivetrain parts needs replacing I’m probably coming ahead. 400000kms is a long time and anything can happen. I won’t be ahead with a lightning at current prices.
Remember, these calculations are for me, where I live, and how I drive, with my views on how I spend my money.
YMMV! Good luck!
Not to mention what insurance companies are doing. You buy an EV and your homeowners insurance may go sky high or be dropped completely. They're a major fire risk and local fire departments aren't equipped to deal with battery fires. Your home will burn to the ground and your neighbors homes very well may too.I agree and a business is going to price out the vehicle over 10 years. So they would pay a premium for an EV, if it was less then their projected 10 year maintenance costs. That could easily equal 10k.
The other issue is no one knows what the resale will be on EV's, so it's hard to factor in deprecation.
No to battery loss as it was not easy to find Canadian winter reviews of only highway mileage. You’d think a motoring news outlet would have decent technical reviews of an Edmonton -40 commute, but no. There’s only people singing praises or woe is me. 42.8kwh/100kms is pretty bad anyways.That's the electric rate now, what do you think is going to happen as there is more demand from the electric grid? That rate is going up, probably exponentially the more gas goes away. Also did you factor in the battery loss from as it gets cold out? Most of the EV battery ranges don't reflect cold weather losses.
Here’s my last months electricity bill. Add in the 5% GST and it’s $199.35. That over 469kWh is $0.425/kWh. Aren’t useless fees, taxes, surcharges, and levies great...I know it varies from region to region but our net price for electricity counting taxes and fees averages 14.03 cents. 34 cents seems high.
they get you with the add-ons. like my office phone, the add-ons and fees are actually more then the phone line. I changed to magicjack for a tenth of the cost.No to battery loss as it was not easy to find Canadian winter reviews of only highway mileage. You’d think a motoring news outlet would have decent technical reviews of an Edmonton -40 commute, but no. There’s only people singing praises or woe is me. 42.8kwh/100kms is pretty bad anyways.
Electricity rates have jumped all over the place this year, already!
Here’s my last months electricity bill. Add in the 5% GST and it’s $199.35. That over 469kWh is $0.425/kWh. Aren’t useless fees, taxes, surcharges, and levies great...View attachment 531146
That's overly optimistic.I think the EV market is not dead but definitely on hold excluding commuter EVs.
I think come 2026 or so, the technology supporting solid-state batteries will be ready and a better-recharging infrastructure will be in place, this has the potential to usher in EV pickups but the cost will likely be the new block to EV adaption for the majority.