Samuel Gompers
Elio Addict
If one recognizes the monetary value of time, having to take an extra hour or two of your productive time each day to sit and recharge your vehicle is not "free". Assuming you earn ~$25-50/hour, that expense is $25 to $100 per day. Higher or lower earnings potential obviously affects those numbers.The Aptera is a great exercise in efficiency. It shows that 100W per mile is possible and simple math can show how much battery is needed for that 1,000 mile range. We've seen this type of innovation time and time again. It'll hit the more expensive vehicles first like the Lightyear One which can solar charge 31-43 miles per day while sitting in the parking lot at work. Then, it'll trickle down to more mainstream vehicles. Once the solar capabilities of the Lightyear become more mainstream, refueling vehicles will be more of an exception rather than the rule.
Regular commute and park outside? Never have to take power from our infrastructure. Long drive coming up? Recharge at rest stops along the way. Takes too long? Tough... part of having an effective commute cost of zero dollars (after paying for the car, that is). Perhaps between solid state batteries that charge in just a few minutes and super capacitor regen capabilities, it'll soon become faster to charge up than fuel up. I don't think we are far from it being faster to charge than fuel already and the future will just get quicker to charge while fueling up will never be much faster than it is today.
Exciting times, these are.
Depreciation is a real and significant factor in the cost of commuting. If the operating cost savings do not exceed the depreciation costs, the value proposition fades.
The theoretical value of the Elio was more in the low base price, rather than in the promise 84mpg. On a practical basis, once mpg goes above 40-50, the cost savings are minimal, except for a very small proportion of drivers. The same thing is true for EV's. Compared to 10mpg gasoline cars, ev's are great, and may even make sense financially. Compared to 40mpg gas cars, the "fuel savings" may never pay for the depreciation losses.
Exciting times - yes. Almost there - no.