I have just started looking into EVs for perhaps my next vehicle... the technology is fantastic and improving rapidly... and was surprised and shocked to see what "fueling" costs are at commercial fast charge stations, like Electrify America. Doing a direct comparison of a 1000 mile trip in a Mustang Mach E vs. an equivalent ICE compact SUV like a Honda CRV, the Honda fuel cost 40% less. Why you ask? Because of the absurd high cost of these commercial chargers, that is ~4x what one would pay to charge up at home. So, while I'd love to have an EV and would save $ for my local driving, road trips will be absurdly expensive. I did the math for my test case and that EA fast charge price is the equivalent of $5.60/gallon gasoline. Not sure what the solution might be but for me, for now, getting an EV makes zero financial sense, especially considering the relatively high initial EV purchase prices.
Does anyone here have a sense where this is going and if and how building out the charging infrastructure might bring these costs down? Or is going to be like our situation for broadband services where we just let a few companies essentially have a monopoly and soak us for every penny?
Does anyone here have a sense where this is going and if and how building out the charging infrastructure might bring these costs down? Or is going to be like our situation for broadband services where we just let a few companies essentially have a monopoly and soak us for every penny?