EPA
Model Y LR
Annual Fuel Cost* $600
Cost to Drive 25 Miles $1.04
Because of our electricity prices, was able to beat the Model Y Long Range EPA cost estimate
On the worst over 100 mile trip energy use wise this winter that I posted the other day
144 miles 60% battery use of the ~76KWH ( (usable)=45.8 KWH
45.8 x .11 per KWH = $5.04 144 miles travelled
EPA rating above 5 x 1.04 = $5.20 125 miles travelled
Cost to Fill the Tank
*Based on 45% highway, 55% city driving, 15,000 annual miles and current fuel prices.
An EV like a model 3 or Y does actually do really well as far as energy use if you have cheap electricity and can make the destination and back home without visiting a commercial charger. i did see the range and power use spike when the temps were -F
MPGe considers a gallon of gasoline to be 33.7 kWh.
I have often cited a much more useful MPG$ which is cost per kWh and gallon of gasoline at the rate of the EV's usage.
Rivian stock RIVN is off over 26% after the announcement of a 10% layoff of salaried employees. Shares have lost over 90% of their value since IPO. OUCH!
Pretty rough for sure.
They do have a war chest still, but some reports say they need to produce at least 60000 vehicles a year to make a profit. Rivian is no where near producing that many vehicles.
I hope they make it but Rivian is going through production Hell just like Tesla did.
Have to wonder if their CEO is sleeping on the production floor for weeks on end to solve slow output.