The median price of gasoline rose from $1.94 in April 2020 to more than $4 a gallon today, according to the U.S. Energy Information Administration.
As the world begins to reopen from COVID-19-related lockdowns and restrictions, allowing offices to reopen for commuting and family vacations begin, the effects of higher prices, combined with rising inflation, are hitting consumers’ wallets hard. The owner who bought gas drunks a few years ago regrets it now.
Chris Weir, 42, of Atlanta, does most of his day job in a V8-powered Chevrolet Silverado he bought a few years ago when his 15 miles per gallon (mpg) average showed less pain. Thanks to soaring gas prices, it now costs $100 to fill the tank, which he does once a week.
But that’s coming to an end, as he has reservations for a battery-powered Ford F-150 Lightning pickup truck.
Weir owns the restaurant and picked up a 2010 Chevy to move supplies. When the Ford F-150 Lightning debuted last May, he was one of the early raisers.
“I’m sorry I didn’t do it instantly, I waited about a week,” Weir . said News Week. “My dealers communicate a lot, but I was told they only got 25. So far, I think I’m one of the 25. I hope the next call will be to pick him up.”
Weir says he’s always been an early adopter, and is thinking about Tesla, both the sedan and the Cybertruck.
“When I see a Tesla truck, my first thought is ‘why don’t they make it look like a regular truck,'” Weir said. “And then I saw the Lightning, and heard the specs, I thought ‘Ford is going to sell a ton of these.'”
As for EV’s main complaint, range anxiety, Weir is not worried. Its weekly mileage is far less than the 300 miles the F-150 Lightning offers with a larger battery. And the little tugging he needed to do didn’t worry him either.
“It’s mostly hauling for me, not too much towing,” Weir says. “And for that it will be fine. Even if the range goes down, I can charge it in my house every night, as soon as I plug in the charger, which I will do before it arrives. Nothing wrong with the wife loves it too, she loves crazy that.”
“Even when I ordered it last year, in the first week of ordering, gas prices weren’t this high, and I was ready to switch to an EV by then. No maintenance, definitely direct power, and nothing more than a mid-priced pickup,” Weir said. .
Weir did not mention the Rivian R1T pickup, which is a first in the EV truck market. The carrier started arriving at the driveway last September. After a huge price spike, and then a retraction, several versions are available to order now.
Other options include the upcoming Chevrolet Silverado EV, which made its official debut during the Super Bowl. Chevy estimates a range of 400 miles at a cost. It will also feature a 17-inch infotainment screen and four-wheel steering. The last of the Big Three, the Ram 1500 EV pickup is also on its way. The vehicle will have the option of a range extender to recharge the truck’s battery.
The F-150 Lightning, in addition to a maximum range of 300 miles, will produce 563 horsepower along with 775 pound-feet (lb-ft) of torque. It can tow up to 10,000 pounds when properly equipped and the front trunk holds 14.1 cubic feet and 400 pounds, respectively. The version with the smaller battery will cover 230 miles on a single charge and produce 426 horsepower. A basic work truck will start at $41,669 before federal and state tax credits.