Post #10739 by bigshan on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

Unthreaded | Threaded | Whole Thread (185)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 11

“The average electric car kWh per 100 miles kWh/100 miles) is 34.6. This works out as 0.346kWh per mile. "

https://www.gencellenergy.com/resources/blog/ev-ch....

In Massachusetts, electricity rate including delivery is about 30 cents/kWh, so 100 miles would cost 0.3*34.6 = $10.38. Most combustion sedans have average driving distance of 30 miles/gallon, 100 miles would cost 3.3 gallon and $10 with $3/gallon price. There is no saving on fuel cost with EV in the United States. That's very different in China, where electricity rate is about 1/3 of that in the US while fuel is about 30-50% more expensive than the US. That's the main reason EVs are fast growing in China.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (185)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.