Do you like saving money?
Do you like to be ridiculed by EV owners, ICE vehicle owners and car brand snobs alike?
Do you have less than $80k to invest??
If you said 'yes' out loud to any of the above, see a psychologist - this is a forum post, nobody can hear you. But keep reading!
TL;DR
PHEVs are great, you should seriously consider buying one.
Electricity costs me one fifth of the cost of buying petrol, but I can still drive from Melbourne to Sydney in a blackout.
The vehicle in question
As I live in a rural area, I need the ability to drive long distances at short notice, into areas that aren't sufficiently serviced by EV charging points. BUT I also wanted the advantages of an EV in terms of significantly lower running costs. a PHEV - Plug in Hybrid Electric Vehicle - was the best choice for me; not only because of the above points but also because of the lower upfront costs compared to a pure EV, but also because I needed a towball and most EVs don't have this capability.
I bought a 2021 MG HS PHEV for $46k, about 18 months ago. It has:
- a 16.6kWh battery
- a 37L fuel tank
- Luxury features like a powered tailgate, 10" display, TPMS, moon roof, heated seats
- Safety features like adaptive cruise control, 360° camera, collision warnings etc.
I have it setup to charge between 9pm to 3pm (18hrs offpeak) via the included 10a charger, running through a smart switch with power monitoring. My daily commute is a 26km round trip to drop the kids to school, at highway speeds with minimal traffic. I can do this trip twice a day without having to recharge, and this consistency means I've been able to draw some interesting datapoints.
Data summary
After 18 months, I have:
- Driven almost 30,000km
- Filled up with 1200L of U95 petrol, over 39 fills, spending $2150
- Charged with 3306kWh of electricity, costing $650 (at 20c/kWh offpeak)
- Longest drive between fills: 1793km, with 278kWh charged during this period
Measured from the smart plug (Not the car dashboard, which is a bit less accurate), I am averaging 19.1 kWh per 100km. This is marginally higher than an average EV, but since I'm doing this trip at 100km/h for the most part, that makes sense - if I was city cruising, then the air resistance at 50km/h is only 1/4, which makes a massive difference to economy. I can gain a solid 5% battery range on a 50% battery trip just by following the schoolbus!
Now is where I need my detailed spreadsheet figures for calculations… My average fuel economy is 4.0L per 100km. This is GREAT, but it's also combining in the range when running on battery, which skews the figures. By splitting out the fuel range versus the battery (i.e. kWh input) range every time I filled up the tank, I was able to get a much more accurate figure of 9.5L/100km, which makes a lot more sense for a 1.5L turbo engine.
Now because it's a hybrid, I can directly compare the electric-only economy of my PHEV with it in fuel economy in the same vehicle, which removes variables like weight, driving style, tyres, aerodynamics etc. I have an average fuel cost of $18.81 per 100km, as compared to an average electric cost of $3.77 per 100km.
Plugging in costs me ONE FIFTH of the price of petrol.
If I had solar, or my offpeak was less than 20c per kWh, then there would be even greater benefits. The 17,468km I've driven as 'EV only' would have cost me $3290 in petrol - which means I've saved $2630 over the life of the vehicle so far.
Conclusion
Now while EVs are excellent, and make a heap of sense in urban areas with ubiquitous access to charging points and nearby services (like medical specialists), we simply don't have that luxury in regional areas. And ICE vehicles still have a long age ahead before they are successfully phased out - You won't be towing your boat to Bonnie Doon without a heavy-duty towing vehicle, or getting your groceries delivered in an electric B-double anytime soon. In the interim, I think a PHEV is an excellent alternative for many car buyers who can't afford $80k upfront for Tesla Model 3, or those with range anxiety especially in regional areas.
Great title. I know you were stressed about it. 😉
Thanks for taking the time to present this info.