The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Nissan Leaf batteries have nowhere near as much longevity as the existing Tesla batteries (let along Musk's recent battery announcement).
I was looking at changing to electric recently.
Tesla seems to have a 7% battery efficiency loss over ten years.
Whereas the rest are reportedly losing up to 10% PER year.
(In fairness, these "facts" may be more of a testament to how good Tesla's press office is).
Also, the battery performances/storage are affected by temperature.
They're also affected by charging in different temperatures and how low the battery is when it's charged.
I did see one report which also claimed Tesla batteries were more reasonable with 'fast' charging.
I can't remember the figures, but the rest seemed to cost battery-life something like 20% while fast-charging a Tesla cost 3% over a similar period.
(I do have shares in Tesla so I may just be seeing whatever figures I want to see).
Well done , keep posting this info on a daily basis, maybe we might get through to the climate change fanatics the real cost of green energy and your figures are correct.
As 70% of my fuel costs was tax, and EVs are subsidised with £40,000 public charging points , zero road tax, grants to wards home charging points.
To move to 100% EVs, Free road tax would have to go and taxes increased to replace the £1100 I pay at the moment in fuel duty. Also provision of 2 charging points per household and 10 million street charging points! In terraced streets and flats..
realistically we are looking at £2000 per year tax (£1300 tax and £700 towards street charging points installation spread over 15 years )
My estimates on fuel ...
Mpg
5972 gallons 19 years
314 per year
1427 l per year
£1569 per year ( of which 70%? Was tax )
Baring in mind they year 2000 technology and not aerodynamic it did average 37 mpg but could get 60 mpg if you drove carefully outside town.
Servicing was about £150? but I just changed oil and filters for £25 every 10,000
My current car gets about 45 mpg and drives on 2 cylinders on the motorway but I haven’t actually been anywhere due to lockdown. ( site visits are not done in the new car )
I had two yaris versos one cost £7k and I took it from 6,00 to 140,000 miles and the other cost £1100 and I took it from 43000 to 130 000 miles.
The first is still on road at 150000 miles and the second was scrapped because of electrical faults( lights, windows, locks etc)
Interesting conversation. Just to add a little if it helps though. My 2014 Tesla Model S P85 has just ticked over 100k miles and feels the same as the day I bought it (at 33k miles). I'm told be BMW drivers it's better than a 7 series.
The motor is quiet and quick and still has a range well over 250 miles on an the original 85kwh battery pack.
I will not be changing it.... no tax, free fuel for life at Tesla superchargers, no servicing costs and very reasonable insurance. Cannot get an ICE car to compete with that.
Pick up a used Model S for around 35k to 40k with free supercharging and you are laughing!
Interesting to see all the unwashed swampies still driving old dirty diesels.... when they could probably cycle from their tree house to the oil sites!!! :-)
So the idea is that every mile of transport should double to make electric look cheap? That goes for you mail? Tins of beans? Every single item on Amazon and in the high street. Busses, electric tipper lorries and excavators adding gawd knows to the price of housing?
And your internet too?
How much money did they spend on the leaf to get it to that mileage lol
The way they will get rid of carbon fuel will be to tax it to £15 a litre it will make electric car more attractive but we are going electric if we like it or not with the un eco engine to run it
Every wondered why we don’t do emissions on a electric car for a mot mmmmmm
There are just 8 EVs for sale that made 100,000 miles!
6 Tesla’s and 2 leafs..
If this helps if it wasn’t down to the Japanese to start making the electric car we wouldn’t be going down the electric car route at all ie the Toyota Prius with 300000 miles on it just need a engine put it back on the road the electrics are bulletproof
Now any thing French and your expecting trouble from the get-go but no change there I fix them all day and Mercedes close behind on electric cars
Tessla have got a 44 ton lorry which they tested from Florida to LA at the time not to meany charging points and it made it but best of all it had no driver and it did it is self food for thought
My ex employer is trialing some electric taxis for use as vans (. List price about £46k )
It got me curious about what lifetime mileage they might achieve ?
For guidance , I searched auto trader for Nisan leafs
Out of 946 for sale only 2 have made 100,000 miles and 56 made 50,000 miles.
Battery lease starts at £70 a month for 7500 miles a year.
Depreciation from 30k to 6k
Over 50,000 miles is about 50p per mile and battery lease 11p per mile plus the charging costs.
Fast charging points seam to cost councils about £40,000 each to install.
Overnight charging points about £4-5000 next to a building ?
But a yard full of vans would cost a bit more per bay.
I still don’t see a viable mid size van costing in even without fuel duty or road tax. Let alone how you could scale this up to a 7.5ton lorry doing typical mileages
Also HM government would need to replace the lost tax revenue from road fuel and tax us elsewhere?