Thanks. So if we take that headline statistic of a repair being 29% more expensive for an EV.
Lets call the average cost of a repair 1k (just for easy math). The same repair on an EV would be 1290.
This is the cost disparity for an individual repair.
We can update that with the data from this article, that EV’s need to be repaired half as often. Lets say you need to do a 1k repair approximately once per year for an aging vehicle.
The EV cost per average repair per rate per year would be at ~645, while the ICE vehicle would be 1k, and would represent a 35% savings over the lifetime of the vehicle.
What would be particularly interesting to me would be more understanding of when in the lifetime of a vehicle these repairs need to be made. Are EV’s more ‘steady’ than ICE in terms of repairs? Are they more ‘frontloaded’ and random? Like a bad battery controller, or whatever, and the thing just goes in short order.
Ice vehicles are predictably ‘rear loaded’ in time when it comes to repairs, just because you have a big hot box of shit slamming around needing lubricant and heat dissipation, and that can only go on for so long before something wears out. Just having fewer moving parts with lower heat dissipation requirements seems like such a significant advantage in the shorter and longer term.
https://www.businesswire.com/news/home/20231115820568/en/Groundbreaking-Global-EV-Repair-Cost-Research-Unveils-29-Higher-Overall-EV-vs.-ICE-Repair-Costs-in-Side-by-side-Model-Comparison#:~:text=Overall%2C EV repair costs are,costs%2C globally%2C on average.
Thanks. So if we take that headline statistic of a repair being 29% more expensive for an EV.
Lets call the average cost of a repair 1k (just for easy math). The same repair on an EV would be 1290.
This is the cost disparity for an individual repair.
We can update that with the data from this article, that EV’s need to be repaired half as often. Lets say you need to do a 1k repair approximately once per year for an aging vehicle.
The EV cost per average repair per rate per year would be at ~645, while the ICE vehicle would be 1k, and would represent a 35% savings over the lifetime of the vehicle.
What would be particularly interesting to me would be more understanding of when in the lifetime of a vehicle these repairs need to be made. Are EV’s more ‘steady’ than ICE in terms of repairs? Are they more ‘frontloaded’ and random? Like a bad battery controller, or whatever, and the thing just goes in short order.
Ice vehicles are predictably ‘rear loaded’ in time when it comes to repairs, just because you have a big hot box of shit slamming around needing lubricant and heat dissipation, and that can only go on for so long before something wears out. Just having fewer moving parts with lower heat dissipation requirements seems like such a significant advantage in the shorter and longer term.