If interest rates rise and cheap auto financing disappears, it will put pricey electric cars that much more out of the reach of many Americans. From Eric Peters at ericpetersautos.com:
Electric vehicles are just the ticket for short trips in between long recharge times.
Assuming you can afford one.
The new electric version of Ford’s F-150, for instance. It can go up to 230 miles on a full charge – a bit less than half as far as the base version of the gas engine’d F-150 can go (in the city; on the highway, where gas-engined vehicles go even farther than electric vehicles, the non-electric F150 can go more than 600 miles).
If you want to go farther in the electric F-150, Ford offers a version of it with up to 320 miles of range – for about $15k more than the just shy of $40k base price of the 230 mile version.
The good news is that each version will come with a real-time range-estimator that takes into account such things as the weather – which greatly affects an EV’s range – as well as the effect of towing or hauling a heavy load in the bed. Also the effect of using the truck’s battery pack to power tools and such.
STRAIGHT LINE LOGIC 