I bought ‘Wheels’ magazine today, don’t buy it often at all now. I was interested in their Car of the Year awards. Of the 31 cars selected by Wheels to contest CotY, 3 were all-electric and there were quite a few more that were hybrids. The winner was the Mercedes EQC (all electric). The runner up was the Tesla 3 series. And this was a mag aimed at the petrol-heads!
The fastest car there (acceleration, top speeds are irrelevant nowadays) was the Porsche 911 Carrera for $264k, 0-100 in 3.4 sec. The second fastest was a sedan, a $99k Tesla 3 Performance at 3.5 sec. The cheap Tesla ($68k) takes a whole 5.3 secs. Wheels says about the Tesla “No question efficiency was on its side. Both…consumed around 25 kWh/100km which... would translate in energy consumption terms to using just 2.5 L/100km.” So, an electric sedan is as fast as a Porsche sports car while using much less energy than the smallest, least powerful petrol car available.
In the market price guide up the back, I had a look at prices, the only model that has both petrol and electric versions of the same car is the Hyundai Kona. The Elite with 130 kW petrol power is $33,500. The Elite with 150 kW electric power is $59,990. Expensive, but not the 3 or 4 times the price someone said above. There are 3 electric cars available under $50k, with more coming this year.
Re: Elite, That's still a very big difference in price for the Elite and a very hard line for most. Considering the engine and box is probably $5-10k removed and replaced with a basic electric drive train which costs buggerall but for arguments sake lets say cost of the petrol engine and box system. That means the battery is worth over $25k.
Re: Model 3 price, even Musk himself commented that the Model 3 in Australia is simply too expensive. US$40k is A$60k, so there is another $8k of shipping and dealing and tax being added to the US retail price.
The industry is predicting break even with petrol on purchase by as early 2023, not bad considering it was only 2 years ago reported as +2030. So in 3 years the likes of Tesla and Hyundai have alot of work to do for which Musk has acknowledged and recently instructed his team to focus on reducing the battery cost.
Re: Petrol head, I think the definition of this is changing and will continue to change. Could you imagine kids born today, driving around 2037-38, likely 8 years after prediction of 50:50 of new sales as EV (assume true for the moment) being "petrol heads" in a world focused on CO2 reduction and climate change likely more so than today? Even if not, I don't see the same level of interest in cars by today's youth as when I was growing up. Modern car engines and gear boxes are also no longer the simple mechanical machines of the past. Just look in the car shops, its about wax and polish etc more than engine gaskets. Look at the NRMA, taking the lead for installing EV charging stations.
The next decade is certainly going to be one of change in the car industry.