Why did you take the plunge?
Benjamin explains that 4 years ago, very few electric cars were on the road in France, and you had to be a "geek" to adopt an almost unknown brand out of nowhere. This was at the time of the war between VTCs and cabs. But instead of taking part in the debate, Benjamin chose to work on his personal branding and differentiate himself. And how did he do that?
By adopting a premium car, he opened the door to a new clientele that is very sensitive to environmental issues, but also wants premium models. On a personal note, Benjamin believes that there should only be electric cars in town, and that in time, electric cars will also be a source of energy. Indeed, thanks to "vehicle to grid" technology, the batteries in electric cars will not only guarantee autonomy on the road, but can also be converted into a source of energy for your home when needed.
How to finance your electric car?
Until 3 years ago, there was no government support to stimulate the electric car market. Benjamin financed his electric car with a long-term lease and purchase option, and was able to smooth out his €90,000 investment over 5 years. Thanks to a number of attractive tax incentives for electric cars, the vehicle was able to pay for itself. Benjamin was also able to take advantage of the ecological bonus to finance his Tesla cab.
What problems have you encountered?
Not everything is rosy in the world of electric vehicles. For example, at the time, it was complicated to insure such a large vehicle, and some insurers are now afraid to insure cabs and VTCs because of the growing number of accidents. With the Uberization of the sector, insurance companies are also reluctant to insure electric vehicles, due to a lack of insight into repair costs and processes.
The network of charging stations for electric cars is insufficient even today, and requires greater investment from local authorities and the State.
In February, carmakers called on the French government to deliver on its promise of 100,000 charging stations by 2022. It's also sometimes necessary to wait your turn at the fast-charging stations, but Benjamin remains quite philosophical: it allows him to take a real break and enjoy a leisurely lunch while recharging.
How do you charge up so you don't run out of fuel while on duty?
Benjamin uses theload-shedding option to reduce consumption during peak periods. This option avoids blowing fuses when recharging the car.
Good to know, recharging your electric car at home can make you jump out of your skin. But don't panic, there are charging options for electric vehicles that allow them to regulate charging according to the network they're connected to. More and more electricians are specializing in the installation of home charging stations, so you don't have to worry about blowing a fuse: it's important to get the right advice on your day-to-day needs, so that you have the right installation.
Read also: 8 tips to reduce the energy consumption of your electric car
In terms of accounting, goodbye fuel receipts kept in the glove compartment: simply deduct VAT from the energy supplier, deduct the estimated percentage of his personal consumption and send the energy bill to his accountant. All in all, Benjamin saved €43,000 in fuel costs over 3? years.
Good to know, the battery is guaranteed by the manufacturer for 8 years with unlimited mileage. After 3.5 years, the battery has lost less than 10% of its original range. The Tesla Model 3 is guaranteed for 190,000 km.
Are customers satisfied?
What if I had to do it all over again?
Without hesitation. Benjamin has done the sums: the electric car has made him money, and helped him balance his working days.
Sales remained stable during the first year of the switch to electric, before increasing by 12% two years later.
He would nevertheless have liked to have benefited from more informed advice on the tax aspects of electric vehicles upstream of his project to go electric, in order to further optimize his expenses.
Any advice for future 100% electric cab drivers?
The price may be high, but it's a long-term investment.
"You'll gain a lot by looking ahead a few years".
You also need to be better supported and surrounded to optimize your accounting. The price barrier is becoming less and less of an issue with the Tesla Model 3 "small battery", offered at a future entry price of €36,000.
How do you imagine tomorrow's car fleet?
100% electric of course, less noise, less pollution in cities, a more pleasant world for everyone. However, we mustn't deny what already exists, and we need to measure our needs carefully.
