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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: bigshan   😊 😞
Number: of 21944 
Subject: Re: BRK: Why Not XOM?
Date: 12/14/24 9:52 AM
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No. of Recommendations: 11
“The average electric car kWh per 100 miles kWh/100 miles) is 34.6. This works out as 0.346kWh per mile. "

gencellenergy.com - EV charging power car electricity usage.

In Massachusetts, electricity rate including delivery is about 30 cents/kWh, so 100 miles would cost 0.3*34.6 = $10.38. Most combustion sedans have average driving distance of 30 miles/gallon, 100 miles would cost 3.3 gallon and $10 with $3/gallon price. There is no saving on fuel cost with EV in the United States. That's very different in China, where electricity rate is about 1/3 of that in the US while fuel is about 30-50% more expensive than the US. That's the main reason EVs are fast growing in China.

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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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