This text is taken from Corriere de l’Economie. To subscribe, Click here.
We can debate until tomorrow morning about the relevance of electrifying the planet’s entire car fleet. Do we have all the resources we need? Will we remove all GHGs from the transport sector? Are we only going to meet the electrification targets set by countries like Canada by 2035?
Where there is no doubt about the shift to electric cars is in their owners’ wallets… especially in the eight countries mentioned in the graph above. These are the places on the planet where switching from gasoline to electric can generate great savings once down the road.
Of course, it’s difficult to compare the cost of a full tank of gas to a full electric charge because the distance a tank covers varies greatly from one vehicle to another. In addition, you rarely fill up: there is always a few liters of fuel or a few kilowatt hours of electricity in reserve.
Hence it seems appropriate to compare the distance of 100 km. This gives a better indication of the cost of using both types of propulsion, on a comparable vehicle. This is a manageable exercise UK Site Drive Electric. We also learned that Canada is one of the most affordable places in the world to go electric: it costs five times less to drive an electric vehicle, a difference that is even more pronounced in Quebec, where electricity costs 45%. Below the national average.
This helps the electric vehicle’s sometimes higher cost more quickly compared to a comparably sized gas-powered vehicle…
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