Let’s take a look - 400,000 MILES = 643,737.6 KILOMETER Average...

Let’s take a look -

400,000 MILES = 643,737.6 KILOMETER

• Average fuel consumption
  in Australia

• The average rate of fuel consumption of vehicles in Australia was 7.5 km per liter of petrol (or 13.4 L per 100 km)

So,

643,737.6 (Kilometres) divided by 7.5 (Kilometres per litre) = 85,831.68 (Litres)

• Average fuel consumption
  in Australia
• The average vehicle used 13.4 litres of fuel per 100 km in Australia in 2018. See the breakdown by vehicle type, fuel and state here.

So,

85,831.68 (Litres) x $1.51 (Average petrol price) = $129, 605.83 (Petrol cost)

So,

Top Dollar for an Electric car battery is $7000 + charging, (up to 400,000 miles)

Average cost of fuel for the similar distance is $129, 605.83 (Petrol Cost)

Reference –

BUDGET DIRECT.(2018) Average fuel consumption
in Australia
https://www.budgetdirect.com.au/car-insurance/research/average-fuel-consumption-australia.html

Globalpetrolprices. (02-12-201 Average fuel consumption
in Australia
https://www.globalpetrolprices.com/Australia/gasoline_prices/

I leave up to the accountants to make a final determination!?

In either scenario which one will the consumer choose, just in an economic sense?

With EV batteries going down in price, as oppose to fuel prices going up!?