The complete costs of “fueling” an electric vehicle for 10 years are $17.33 per equivalent gallon of gasoline, a new analysis from the Texas Public Policy Foundation says.
The study authors say the $1.21 cost-per-gallon equivalent of charging a car cited by EV advocates excludes the real costs born by taxpayers for subsidies, utility ratepayers for energy investments, and non-electric vehicle owners for mandate-and-environmental-credit-driven higher vehicle costs, which they say total $48,698 per EV. Those costs must be included when comparing fueling costs of EVs and traditional gas-powered vehicles, TPPF maintains.
“The market would be driving towards hybrids if not for this market manipulation from the federal government. We’d be reducing emissions and improving fuel economy at the same time on a much greater scale,” study author Jason Isaac told The Center Square in an interview. He then cited Toyota estimates that the batteries from one EV can power 90 hybrids and reduce emissions 37 times more than that one EV.
[Hybrids make the most sense, especially for drivers who want the EV option for short-range driving but need long-range options as well. One has to wonder why we aren’t pursuing that option more robustly, but one needn’t wonder for long. The Left opposes all fossil fuels, and they want EVs to be completely dependent on the grid rather than offer any form of independent fueling. The market is collapsing for EVs in large part because of their impractical natures in all but the most urban of settings, so perhaps the Left will get forced to reconsider hybrids. — Ed]
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