Gas Cars Are Embarrassingly Uncompetitive — Lifecycle Cost Analysis.
CleanTechnica has published many excellent 5-year total cost of ownership (TCO)articles comparing battery electric vehicles (BEVs) against similar internal combustion engine vehicles (ICEVs). A 5-year timeframe is the norm for this type of analysis since many people flip their vehicles at this point. Invariably, BEVs prove to be cheaper than comparable ICEVs in these models, all things considered, even when purchase price of the BEV is higher. This is great to know, but if we want to understand the big picture — namely, the full impact of those BEVs across all owners for the vehicles’ entire lifetime — the 5-year comparisons do not capture this. Clearly, BEVs will continue to benefit their future owners with lower fuel costs, lower maintenance costs, and potentially longer life. A full life-cycle cost analysis captures this.
