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Another Dreary Earnings Report for 'F'

MBM

Well-known member
First Name
Mark
Joined
Jan 8, 2022
Threads
5
Messages
80
Reaction score
67
Location
Southern NJ
Vehicles
2022 Lightning XLT SR 312A
This is with $7500 credit. Imagine without this next year.

People just have no interest, hard to find the right charge with enough speed, battery failure, miserable resale value, and the unpredictable repare cost, no need to mention the high insurance cost and extra $100-200 registratin fee. In addition to that, our (PG&E) electricity price is $0.5.

With or without $7500, this soundsnot sustainable to me.
So the $7500 is done in 2025?
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ackatack

Member
First Name
Alex
Joined
Sep 30, 2023
Threads
1
Messages
22
Reaction score
26
Location
Walnut Creek
Vehicles
2023 Ford F-150 Lightning Lariat
This is with $7500 credit. Imagine without this next year.

People just have no interest, hard to find the right charge with enough speed, battery failure, miserable resale value, and the unpredictable repare cost, no need to mention the high insurance cost and extra $100-200 registratin fee. In addition to that, our (PG&E) electricity price is $0.5.

With or without $7500, this soundsnot sustainable to me.
I live in a PG&E area. There is no way you are paying $0.50 kWh with PG&E to charge your EV unless you are just doing it wrong. The off-peak (between 12am-3pm) retail rate for PG&E’s EV2A plan is just under $0.31 kWh.
 

columbiaskier

Active member
Joined
Jan 9, 2023
Threads
6
Messages
38
Reaction score
24
Location
Calgary
Vehicles
2022 Lightning Lariat ER
I’m locked in at a fixed 6.89 cents (CAD) kWh. When I did the math on my original 2022 purchase, the gas savings alone covered interest I needed to finance the upgrade to the Lightning. Then the ZEV credit in Canada covered the steep depreciation.

That’s pretty good for switching to a first of its kind.

I keep hearing people cite the current state and essentially say EVs will never be adopted en-masse. It’s not about the current state it’s about the direction: costs will go down, technology will get better. These are long-term investments for the automakers and they have to make them to stay in the game.
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