7,000-Mile Dodge Charger EV Lost $50,000 in Value After Just One Year.

I was curious as to how much power a Level 2 residential charger takes. For comparison, a home Central A/C unit uses 3-5,000 watts of electricity.

A 115 volt level 1 charger uses 1,400-1,900 watts. (similar to a microwave or hair dryer) It takes between 20 and 48 hours to charge a discharged battery depending on the battery size.

A 230 volt level 2 charger uses 3,300-19,200 watts, (7,500 watts is similar to a clothes dryer) For example, running a 7.2 kW level 2 charger is equivalent to running 3 central AC units simultaneously.
It takes from 4-10 hours to fully recharge a battery depending on the size.

A commercial fast charger uses 50,000-350,000 watts while taking 20-45 min. to fully charge a battery depending on size. Fast chargers can wear out a battery packs faster over time. An occasion fast charge isn't an issue but daily fast charges could cause premature failure.


Food for thought before you pul the trigger.
Great post Mike!

I'm in the business and your analysis is very accurate.

Here's one that I'll add.

Manufacturers recommend only charging the battery to 80%.

All the mileage estimates are done at 100%

Be wary.

There's a lot of "smoke and mirrors " going on.


Also, before you buy an EV, check resale value of the model you are considering. Do not go by advertised "asking price" as most are selling for substantially less than that.