grandad wrote:
Rebel-Taxi-Driver wrote:
If a new electric vehicle can be purchased for around £15,000 with a range of plus 300 miles it then might be a viable business decision.
Currently, it's a moronic decision with a very low return on investment with a high degree of risk.
It might work if you are providing a luxury/executive service and you can pass on the extra significant costs onto the customers.
That must make me a moron then. Thank you for your insight.
Perhaps my wording was a little harsh.
I was generalising, however.
In some cases it might be a good decision especially if the council are are not permitting older ICE vehicles on the road etc. If you can utilise them despite their lack of practicality (against ICE vehicles) then fair enough.
I should have also mentioned that you can only calculate for sure if it will be financially viable after running an electric vehicle until the end of its life-cycle to compare against running an ICE vehicle in real world terms.
Calculations can then be made on the charging costs through the years from the fluctuating electricity prices and other expenses. I do think the government is going to subsidise electricity this year because if they don't the increase in energy bills are going to be very high and I am not sure how the general population is going to deal with it. My intuition is not very well.
If they do then electric vehicle owners will benefit a lot. But that cannot last forever assuming they do as I think they will.
Assuming you don't need a new vehicle via the council going by current costs it does look as though on a purely financial decision it will not work out.
It must be acknowledged that there will be some assumed benefits to having an electric vehicle.
New custom if you are the only operator in the area who has an electric vehicle.
Less time off the road with repairs (in theory) due to electric cars having less moving parts and no need for oil changes etc.
Sometimes you can't purely go by financial reasons and focus on a presentable vehicle so branding and other factors play a part too.