E-cars are not sustainable unless shared
The high fixed costs of cars create a financial disincentive to use other modes of transport. The fixed costs of electric cars are higher than fossil fuel cars, which means they undermine public transport more.
Sharing access to a car on a pay-as-you-go basis overcomes this problem.
The following figures describe the shared lease of an electric car.
Number of months agreement:
E-car purchase price:
Depreciation @ 20%:
Total 12 months costs:
Av. cost to each of 3 drivers:
Per driver, per month:
The table below summarises shared costs over 12 months, although any shortfall would normally be settled each month.