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Originally Posted by YOWetal
Quebec is already at that.
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Quebec is. The rest of the country isn't. And there isn't much hope of most provincial governments doing much. So really, it's up to the feds to do a bit more to get adoption moving. Given the way prices are coming down though, I doubt they really need to have large rebates for a long period of time though. What they need are rebates that close the price gap and a deadline or scheme of diminishing rebates, that pressures industry to get moving on supply.
Quote:
Originally Posted by YOWetal
The model range and inventory limits some sales but for many especially in the higher end market an ICE Audi Q5 can do a lot an electric can't. Filling up in 2 minutes anywhere in North America doe starters. They need to be cheaper up front to get real penetration.
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The models are coming. Over the next 24-36 months, we'll see competitive offerings hit the market in virtually every major category. They don't need to be cheaper than ICEV. Just reasonably close so that the premium to go electric is manageable for most buyers. You will never be able to convince that hypothetical Q5 buyer who wants 2 mins filling. Let them pay $1.7/L for premium. There's plenty of buyers to address well ahead of that marginal case.
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Originally Posted by Tesladom
Those who look at "Cheaper Upfront" don't understand Maths.
My friend had a similar argument, I was encouraging him to look at the AWD ID4 for his next vehicle ($50MSRP - $5k Federal). He is looking a Kia Sorrento
The Math was something like $750/month for the AWD Mid trim Sorrento and $900/month for the ID4
If you account for fuel, the Sorrento will cost $200/month while ID4 around $50
Net monthly cost is exactly the same!
But, the EV will cost less in maintenance and have a higher resale value, better driving, more convenient etc etc...
There is no real cost gap
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I see this comparison often. But it is a bit disingenuous. A lot of financiers will still hold the higher borrowing against you. You may get easier credit from the financing arm of the OEM. But then you see credit access go down elsewhere (Line of Credit, mortgage, etc.). So for a lot of people, even if the sticker shock isn't there, access to capital is very much a consideration. This will get better with time, both as purchase prices come down, and as financiers get a better handle on total cost of ownership of BEVs (including what the residuals should be).
Quote:
Originally Posted by Tesladom
50% of the market is comprise of vehicles over $40k ($50k+ comparative value for an EV due to cost savings)
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Sure. But it's not like for like. A lot of the vehicles in the over $40k category are larger SUVs and pickup trucks. A lot of the BEVs in this category are still sedans and crossovers.