Should You Buy an Electric Car or Truck?
Money For the Rest of Us
J. David Stein
4.5 • 1.4K Ratings
🗓️ 9 June 2021
⏱️ 29 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
What are the pros and cons of owning an electric vehicle (EV) compared with an internal combustion engine (ICE) vehicle. Are electric vehicles worth it?
Topics covered include:
- What is the total energy consumption for EVs versus ICE vehicles including energy expended to produce the vehicles and energy used to produce the electricity and refine the gasoline that run the vehicles.
- What vehicles weigh the most, ICE, EVs, or hybrids
- How the mix of renewables and coal in the power grid impacts the energy impact of electric vehicles.
- What is the total cost of owning an electric vehicle compared with a similar model ICE vehicle.
Become a Subscriber and listen to the episode ad-free on Spotify or your preferred podcasting app. Only $4.99 per month plus tax. Subscribe here.
Thanks to IPVanish and Raycon for sponsoring the episode.
For more information on this episode click here.
Show Notes
Vehicle Cost Calculator—Alternative Fuels Data Center
EV vs. Gas: Which Cars Are Cheaper to Own? by Roberto Baldwin—Car and Driver
Batteries For Electric Cars Speed Toward a Tipping Point by Ira Boudway—Bloomberg
Show Notes
Vehicle Cost Calculator—Alternative Fuels Data Center
EV vs. Gas: Which Cars Are Cheaper to Own? by Roberto Baldwin—Car and Driver
Batteries For Electric Cars Speed Toward a Tipping Point by Ira Boudway—Bloomberg
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Money for the Rest of Us. |
| 0:04.2 | This is a personal financial on money, how it works, how to invest it, and how to live |
| 0:10.0 | without worrying about it. |
| 0:11.4 | I'm your host, David Stein, today's episode 346. |
| 0:15.8 | It's titled, Should You Buy an Electric Car or Truck? |
| 0:20.4 | I recently got an email from a listener. |
| 0:22.8 | He is a mechanical engineer in the automotive industry. |
| 0:26.5 | He mentioned he's been doing some research on electric vehicles versus internal combustion |
| 0:32.1 | engine cars, and he's having a difficult time understanding the benefit of electric |
| 0:37.9 | vehicles. |
| 0:39.4 | He mentioned that he was inspired the other day as he went on a walk with his partner. |
| 0:44.4 | They both walked the same distance, 1.3 miles. |
| 0:48.2 | They both set their Apple Watches to count how many calories they burned on the walk. |
| 0:53.7 | He burned 250 K-cals, and she burned 198. |
| 0:59.7 | He pointed out the reason he burned more calories was because he weighs more. |
| 1:05.0 | He wrote, The calories burned or energy required is proportional to the weight carried over |
| 1:10.7 | a distance. |
| 1:11.7 | Well, the same must hold true for cars. |
| 1:14.7 | He wrote, I have pointed out an earlier episode to the show that internal combustion engines, |
| 1:20.4 | only about 20% is used for kinetic energy. |
| 1:23.6 | He says it's closer to 30%, which is fine. |
| 1:27.2 | And with a battery, 90% is used in kinetic energy. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from J. David Stein, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of J. David Stein and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.