this post was submitted on 16 Aug 2023
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This is something I’ve had a really hard time drilling into peoples’ heads. Based on current data, the average EV battery built today wont fail in 10-15 years; they’ll just degrade 10-15%. And yeah, in that time period, at current gas/electricity rates, I’ll have saved $30K in gas alone (I saved 2K last year * 15 years = $30K) and it stands to reason that gas prices will continue to climb. Electricity as well but once it hits 20 cents per kWh for me, I’m getting solar.