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I mean, that's not really a fair comparison. EQC is more like the GLC, perhaps GLE at a stretch, and in Germany you'd usually get it with a 220d diesel, those get 40-50mpg easily.

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The Model X uses 22.93 kWh/100 km. Electricity is € .31 / KWH. 22.93 * .31 = € 7.1083 / 100 km

The GLC 200d uses 5.2 L/100 km (best efficiency). Diesel is € 1.266/L. 5.2 * 1.266 = € 6.5832 / 100 km

So yea in DE it may be more cost beneficial to drive diesel than electric. If you get a GLC 300 using gasoline it goes up to € 9.798 / 100 km.

I guess it also relies on whether you can get any deal for electricity or not. Here in UK I pay £0.15/kWh, but during the night it goes down to £0.07/kWh. So as long as I can limit charging the car to nighttime, it's actually very very cheap.

GLC is a much smaller vehicle than Model X.

Indeed. Which is enough to put electricity at par or even more expensive than ICE vehicles.

Germany is also densely populated, which means many can't charge at home and might need to pay a higher rate for electricity somewhere else.

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