That and the 3,000 euros (net) manufacturer's contribution to the electric car premium put the price into perspective somewhat, but the test car still remains an expensive car in its class
This does not take into account that the software is not yet ready in important parts and has considerable bugs - the vehicle should not really be sold in this form yet
This gives customers little pleasure, but all the more frustration due to the dropouts and malfunctions
The material finish in the interior should also be taken into account, because it remains as loveless and plain as it is, and no update can help
On the other hand, the maintenance costs are relatively low, because the annual vehicle tax is only 68 euros - but only after ten years, because until then purely electrically driven cars are currently tax-free
Insurance ratings are low, with third party liability at 13, partial cover at 16 and fully comprehensive at 17 - resulting in pleasingly low insurance costs
Rated energy consumption of 19.3 kWh per 100 km results in a CO2 balance of 106 g per km based on German electricity mix of 548 g/kWh, published on 10/2018 and valid for the reporting year 2019
This results in a very good 48 points in the CO2 portion of the Ecotest
19.3 kWh per km is associated with NOx emissions of 84 mg/km, for example - for which a few points are deducted, so that the ID.3 receives 39 out of 50 points in the pollutants category
If the electricity mix becomes cleaner, the points automatically increase
Particularly efficient electric cars can score the full 50 points
All in all, however, the VW is in a good position because it scores 87 points in total - this results in four out of five stars in the Ecotest
Consumption including charging losses is around 16.1 in urban areas, around 20.1 in extra-urban areas and around 21.4 kWh per 100 km on the motorway
The ID.3 is therefore most economical in the city, where ranges of over 360 km are possible
Economically designed electricity consumers such as the air conditioning with heat pump as standard help to achieve the best possible range
Based on the annual mileage and the length of time the car is kept, you can calculate your personal monthly costs
In this case the monthly costs are estimated at 689 euros or 55.1 Euro cents per km for 15,000 km of annual mileage and 5 years of keeping the car
Maintenance costs should be low
Only the tyre costs can be expensive if you often use the engine's ample torque and thus wear out the tyres in no time at all
The largest item in the monthly costs is, as in most cases, depreciation, which, due to a lack of sufficient empirical values, must be estimated rather than calculated exactly
It depends largely on the durability of the battery; VW only gives a two-year guarantee on the whole car, but eight years or up to 160,000 km on the battery
For an expensive car this is rather stingy, but for the battery it has become standard
In the small print there is a proviso that a warranty claim will only be accepted if the battery's capacity falls below 70%
Based on the range of 335 km determined in the Ecotest, you have to accept a drop in range to 235 km before the warranty kicks in
VW's elaborate thermal management system promises to keep the batteries in the best possible temperature window at all times, thus minimising "wear and tear"
The customer can also help, for example, by rarely completely draining the battery in everyday use and limiting charging to 80% or 90% of the total capacity
On its website, VW has compiled some tips for the longest possible battery life
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The German automobile club ADAC publishes information on vehicles sold in its market, including Cost of Ownership analysis like the one summarised here for VW Golf
The starting points are List Price, Time Horizon, and Annual Mileage
The results are provided in the form of monthly costs in four categories and then converted to Euro cents per km as shown here for the 17 different versions of the VW ID.3
ADAC METHODOLOGY
Calculation basis for the standardized car cost calculation
1. HOLDING PERIOD
- 24 to 60 months with a standard of 60 months
2. MILEAGE
- 5,000 to 60,000 km per year with a standard of 15,000 km per year and a maximum cumulative total of of 160,000 km
ADAC ANALYSIS SHOWS BEVs ARE NOW BEATING ICEVs ON CUSTOMER COST
- VW ID.3 and Hyundai Ioniq show the clear advantages
- Tesla Model 3 NOT included in the analysis
ADAC COMMENTARY :
The total cost calculation uses a five-year holding period and 15,000 km/year
The VW ID.3 clearly beats comparably powered and equipped VW Golf petrol and diesel models when taking into account the electric purchase subsidy
The reasons for this are the lower depreciation in absolute terms, the lower fixed costs with no vehicle tax, and above all the significantly better insurance type classifications of the ID.3
Jidu Auto, an electric vehicle venture between China’s tech giant Baidu and Chinese automaker Geely, aims to plough 50 billion yuan ($7.7 billion) into producing smart cars over the next five years, its chief executive told Reuters
Xia Yiping said on Friday that the funding would come from Baidu and other investors and Jidu would aim to launch its first electric vehicle EV in three years, as is standard for the industry, but would make efforts to speed this up
Its first EV would look like a "robot" and would target young customers, Xia said, adding that Jidu would analyse big market data before deciding on a final model
1. We are already in a period of automobile Supply Shortage relative to Natural Demand
That Supply Shortage has the potential to total up to as much as 600 million vehicles during the 15 years through 2034
2. This 600 million vehicle Supply shortfall will represent a huge portion of the Global Vehicle Fleet, which is only around 1,500 million vehicles today
- and it will be due to Battery Supply limitations
3. One consequence of this lack of new vehicles may be to raise the value and longevity of Used Vehicles during those "Supply Shortage Years" beyond what many of us are expecting