this post was submitted on 03 Sep 2024
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Electric Vehicles
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Keep in mind that the $50 a gas station is collecting is only about $5 in profit. Most of their profit is the retail sales.
Basic economics indicate the more volume is produced the cheaper each unit costs. I am not aware of any reason this is different for ev charging stations.
Here's a random article I found on the prices for these stations. The third level are the ones that are pricey. This is a fast moving market and level 4 already exists and won't be the last level. Each is faster at higher cost.
Not everyone needs a quick charge. The market will find a middle ground. My bet is people will choose a meal and a slow cheap charge over an expensive quick charge and still need to stop and eat anyway.
Gas is dirty, smelly and messy. Electricity is none of these things and so it can coexist in places gas cannot.