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Posted by: thepinetree on 10/25/2021 10:54 PM
Updated by: thepinetree on 10/25/2021 10:54 PM
Expires: 01/01/2026 12:00 AM
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Independent Research Finds Fueling Costs for Electric Vehicles (EV) are Often Higher Than for Internal Combustion Engines (ICE)
East Lansing, MI...Anderson Economic Group released today the first in a series of analyses examining the transition from ICE vehicles to EVs. This initial 36-page study is the culmination of comprehensive research comparing the “apples-to-apples” costs involved in fueling both EVs and ICE vehicles. AEG undertook this study after noting that many commonly cited figures did not account for the true costs associated with EV charging.
AEG calculated the cost of chargers, additional road taxes, commercial charging fees, and “deadhead” miles for three different EV driving scenarios and compared these with 3 analogous ICE vehicle scenarios. The research found that fueling an EV is often more expensive than fueling an ICE vehicle. It further found that fueling costs are far more variable for EVs. The authors go on to note the significant time costs imposed on EV drivers as a result of both inadequate infrastructure and wait times associated with fueling, which can be five to ten times the cost for ICE drivers.
According to study author Patrick Anderson, “These numbers may be surprising to those who haven’t relied upon an electric vehicle, but it’s important we safeguard the public from ‘charger shock.’ Before consumers can feel comfortable buying EVs in large numbers, they need to understand the true costs involved.”
Future studies in the EV transition series (available by subscription only) will draw from ongoing research published to the Automotive Dashboard (andersoneconomicgroup.com/automotive-dashboard). This publicly available resource offers a rolling data overview that tracks metrics critical to the auto industry.
Read the full study here.
Questions? Read the FAQ here.
About the Authors
Mr. Patrick Anderson is Anderson Economic Group’s principal and CEO. His company is one of the most recognized boutique consulting firms in the United States, with years of expertise in the US automotive industry. The company has consulted for manufacturers that include General Motors, Ford, DaimlerChrysler, Honda, and others, along with nearly 200 automobile dealerships representing virtually every brand in the market.
Mr. Alston D’Souza works in Anderson Economic Group’s strategy and business valuation practice area, where he serves as senior analyst and data scientist. While at AEG, Mr. D’Souza’s work has focused on damages and market analysis. He holds a master’s degree in econometrics and quantitative economics from the University of Wisconsin-Madison, and a Bachelor of Technology degree from the National Institute of Technology Karnataka (India).
About Anderson Economic Group
Founded in 1996, Anderson Economic Group (AEG) is one of the most recognized boutique consulting firms in the United States. The company has offices in East Lansing, Michigan and Chicago, Illinois. The automobile industry is a primary area of specialization for the experts at AEG, who approach this critical automotive transition from a perspective that recognizes the role everyday consumer choices will play in driving EV market trends.
AEG’s automotive clients include manufacturers, suppliers, trade associations, and dealers and dealership groups.
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| Comments - Make a comment |
| The comments are owned by the poster. We are not responsible for its content. We value free speech but remember this is a public forum and we hope that people would use common sense and decency. If you see an offensive comment please email us at news@thepinetree.net
No Subject
Posted on: 2021-10-26 05:28:31
By: Anonymous
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Fake News . Sponsored by Exxon
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Electric crap
Posted on: 2021-10-26 06:02:56
By: Anonymous
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Can’t build an electric vehicle without oil. Plastic parts come from oil bi products. And the batteries are built by mining the earth with diesel powered equipment.
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Re: Electric crap
Posted on: 2021-10-26 08:59:00
By: Anonymous
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I don't think anyone buys a $100k Tesla because it's 'cheaper at the pump'. We buy Teslas because of their performance, environmental impact and the sheer joy of them.
If I wanted a cheap to own car I would have bought a Corolla.
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Re: Electric crap
Posted on: 2021-10-26 22:42:30
By: Anonymous
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Your Tesla is ugly
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Re: Electric crap
Posted on: 2021-10-26 08:59:50
By: Anonymous
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Also true of ICE Cars. Perhaps a bit less lithium, but not material in the total bill of materials.
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Re:
Posted on: 2021-10-26 11:40:18
By: Anonymous
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Emissions and costs aside, fossil fuels will not last forever. Please use sparingly.
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No Subject
Posted on: 2021-10-26 07:43:07
By: Anonymous
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Sometimes and at this point in time. But we can no longer afford to further destroy our planet. It will take time to build the infrastructure though it's past time to reduce our dependence on fossil fuels - and stop paying Republican run states like Texas and Alaska for their monopolies. Do you know that every man, woman and child gets a government stipend from the oil companies annually? Locals chuckle and call it "hush money."
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Re:
Posted on: 2021-10-26 08:45:24
By: Anonymous
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And they are having trouble disposing of the batteries in the gas cars. Where do you think the big ones from the electric cars are going when they die? And the pumps are not run on electricity.
How are we going to generate enough electricity to power our homes, cars, businesses, etc.? And solar systems have backup batteries too. Where do we dispose of them when they die?
And in the long-term, nothing will be cheaper.
And why is it the US has to make all the changes to save the world. We are not the major contributors to the eco system changes.
All we are doing is trading one energy source with issues for another power source with issues that are equal to or worse than what we already have.
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Re:
Posted on: 2021-10-26 09:07:19
By: Anonymous
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-->All we are doing is trading one energy source with issues for another power source with issues that are equal to or worse than what we already have.
I feel like that's opinion. Not fact. Worse that destroying the ozone layer? That's a pretty bold statement
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Re:
Posted on: 2021-10-26 12:43:21
By: Anonymous
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Not opinion but fact. Destroy the ozone or the land and ocean. That's you choices.
Let's save the ozone while we fill our land and water with toxic waste. I go for saving our land and water.
Our gov. is already trying to figure out where to dispose of electronic car batteries, failed solar panels, etc.
We can control what we do to our land and water. We cannot control the ozone, which is shared by the world. The US has done their part to save the ozone. The other countries have not. Go after them.
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YOU WANT THE TRUTH?
Posted on: 2021-10-26 08:15:34
By: Anonymous
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YOU CAN'T HANDLE THE TRUTH!
lol 😂 libtards be like-
Oh, fake news fake news,
u r in my safe space with fake news.
MORONIC HYPOCRITE IDIOTS
should have paid attention.
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Re: YOU WANT THE TRUTH?
Posted on: 2021-10-26 08:19:25
By: Anonymous
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Fuk Trump till he dies
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Re: YOU WANT THE TRUTH?
Posted on: 2021-10-26 08:44:56
By: Anonymous
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Fuk ass hole joe till he's dies...
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Re: YOU WANT THE TRUTH?
Posted on: 2021-10-26 08:49:24
By: Anonymous
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Fuk sniveler he's close to croaking...
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Re: YOU WANT THE TRUTH?
Posted on: 2021-10-26 08:58:59
By: Anonymous
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Dumpacraps have to be the most gullible, ignorant imbeciles in the world. Most of them voted for dementia Joe because they might get something for free. Well you did, inflation, everything you need from food to energy has gone up in price.
I feel for you nitwits trying to survive on your food stamps....not
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Re: YOU WANT THE TRUTH?
Posted on: 2021-10-26 09:10:54
By: Anonymous
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Sniveler has one foot on a banana peel...
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Re: YOU WANT THE TRUTH?
Posted on: 2021-10-26 13:52:23
By: Anonymous
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Looks like sniveler owns someone like Trump owns Democrats. Sure seems like Democrats are mighty
whiney
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Re: YOU WANT THE TRUTH?
Posted on: 2021-10-26 21:50:44
By: Anonymous
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I OWN that bich Anti-Sniveler.
Signed,
Sniveler
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Re: YOU WANT THE TRUTH?
Posted on: 2021-10-27 07:25:19
By: Anonymous
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Your still alive sniveler?...
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Re: That new car
Posted on: 2021-10-26 14:12:36
By: Anonymous
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Build me that new car with batteries and a wooden frame and seats. OH Wait !! We can’t use wood because the spotted owl won’t have anything to live in. Besides that we need the forest so Cal Fire can have something to do. I guess we should just walk to the food bank and the river for water. The world revolves around oil and it will live forever.
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No Subject
Posted on: 2021-10-26 08:49:43
By: Anonymous
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how strange that the guys who sell IC engines say they are a better deal….. 🤔
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Re:
Posted on: 2021-10-26 09:00:27
By: Anonymous
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Still doesn't make me want to trade in my Model 3 for a Chevy Malibu.
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No Subject
Posted on: 2021-10-26 09:04:32
By: Anonymous
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I hope Gavin and company takes over PG&E then charging our new cars will triple in price. I can see it now, 60 cars lined up at a time trying to get charged, cars dead on the road blocking traffic, pissed off people shooting one another trying to get a charge ahead of someone else. Liberals are like that, pointing their fingers at others and pulling the trigger.
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Re:
Posted on: 2021-10-26 13:16:57
By: Anonymous
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This year is the highest year on record for greenhouse gases .
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Re:
Posted on: 2021-10-26 13:20:04
By: Anonymous
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Trump and republicans took us out of the climate accord . Huge mistake. Extremely poor judgment .
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Re:
Posted on: 2021-10-26 13:59:18
By: Anonymous
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He also took us out of the Iran nuclear deal, made peace in the middle east, gave us a secure border, kept China in check, kept inflation to nothing, had American manufacturing up 30%, had USA energy independent, had the police and the military s back, had our Allies back, had our Allies paying their fair share for NATO, dropped out of WHO for excellent reasons and we payed ten times of the amount China did, the creator of covid? Trump did a lot of great things, and Biden has done a lot of absolutely fantastic things, for our adversaries, for our enemies, and has put the United States of America LAST.
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Re: Iran nuclear deal
Posted on: 2021-10-26 16:32:00
By: Anonymous
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When you lead off with the Iran deal and backing out, your argument lost all credibility.
For inspections in Iran we needed the deal.
Support from our allies? Ha
Energy? Trump told OPEC they needed to raise their prices. They listened.
Cops and military think Trump's an idiot.
Mexico hasn't paid a cent for that wall.
Trump has zero respectability from anyone not intimidated by him.
Dotards love him.
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Re: Iran nuclear deal
Posted on: 2021-10-26 17:54:02
By: Anonymous
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Amtrak Brandon. That’s a joke. My oh my how’s Aoc the chit for brains bartender planning on getting all the lithium out of the ground. New liberal Democratic Party has absolutely gotten be the dumbest people on the face of earth. You think Ole Brandon and Piglosi give a chit when worms will be crawling in the hollow spot between the ears in ah— well a year or two from now. No. Orange man was better. Put Brandon to bed.
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Re: Iran nuclear deal
Posted on: 2021-10-26 21:52:42
By: Anonymous
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^Mentally disturbed, and deficient on the mental side, Calaveras Republican.^
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Re: Iran nuclear deal
Posted on: 2021-10-27 08:29:58
By: Anonymous
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Actually from England. The whole world is laughing at the American soft liberals.
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