Electric cars continue to cost lots of money – contrary to the now-forgotten original point of the exercise, which was once upon a time to find a lower-cost alternative to gas-powered cars.
That’s gone away because gas is so cheap that – even with all the add-on taxes (about a fourth of the cost of each gallon) and the cost of regulatory mandates (such as the ethanol mandate) that have made fuel both more expensive and less efficient than it would otherwise be – finding a cheaper source of energy is going to take something spectacular, and battery power isn’t it.
That inconvenient truth plus government subsidization of high-performance luxury-sport cars that happen to be battery-powered has perverted the incentives for electric car development away from economy and efficiency, neither of which are even discussed anymore – as if it doesn’t matter how much money is thrown on the EV bonfire, so long as the flames burn brighter and higher.
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Which brings us to the $70 million “investment” Porsche is making in so-called “fast” chargers for the almost-here Taycan, the company’s first electric high-performance car.
The “fast” in quotes to make snarky about the abuse of language.
These chargers are indeed faster than charging up an EV via a household outlet – which takes half a day or overnight, depending on how flat-lined the battery is when you first plug it in.
But they are still paralytically slow vs. the time it takes to refuel say a 911 with gas.
These “fast” charger are also located at dealerships, which means having to go to the dealership – and then wait at the dealership – while your very quick but very long…