Oberon said:
gra said:
Indeed, the only reasons EVs sell at all (other than Tesla) is because the government subsidies bring the price down from 'ridiculous' to merely 'still too expensive for what you get, but workable for some with the right motivation'.
Actually, in our case the Spark EV was a stone bargain. We have two drivers, one daily, one occasional, and about 90% of our annual 12k miles are within the Sparks range. Our cars were a new Honda Fit and a 20 year old Accord (great car, but pretty well used up with 1/4 million miles). With the Spark we get to drive a new fun car that is easy to park and nimble in traffic while reducing our CO2 footprint instead of putting a bunch of miles on the Fit and hoping the Accord holds out. Over the three years of the lease it works out net of everything to cost less than $50 per month for the Spark vs keeping the Accord. If we drove a bit more it would work out to be free.
Plus, we love the Spark. The Fit is a great small car, probably the benchmark car in the segment, but my wife and I argue over whose turn it is to take the Spark because it's so great to drive. Having lived with an electric for a few months I can't see ever buying another ICE car. So while cheap is good, the experience is also a reason electrics will sell once people have more exposure to them.
Yes, with incentives, and if you are leasing and thus don't have to deal with major battery degradation issues, a BEV like the Spark can be a good deal, and the driving experience is much better on the electric version. But it's still far too expensive to sell without the incentives, for anyone who isn't motivated to a large extent by ideology. We need to get the price down and the range up to where these cars can sell without the incentives and be people's sole car, and we're a long way away from that yet.
For example, a $13k 68 mile Smart ED (base MSRP in California after fed and state incentives) is reasonably justifiable for a city commute car, when the base gas model is $13,270; a $23k without incentives 68 mile Smart ED isn't, except for the tiny # of extreme greens. Similarly, a $27.5k 82 mile Spark EV isn't justifiable when the base gas car is available for $12,170, but it may be at $17.5k when TCO is considered. It will probably take at least double the range at the same or lower than current price for the mainstream to consider these as sole cars.