Cost Of Driving Electric Vehicle Equal To Paying $17.33 Per Gallon Of Gasoline, Study Finds

Daily wire ^ | By Hank Berrien

[NoLibZone]

A comprehensive new study of electric vehicles shows that the cost of running them is far more expensive than has been commonly thought. Brent Bennett and Jason Isaac issued their report for the Texas Public Policy Foundation, pointing out that advocates for electric vehicles claim the vehicles require lower maintenance and lower fueling costs than traditional vehicles, and future reductions in battery prices will make EVs less expensive.

But, they argue, “no one has attempted to calculate the full financial benefit of the wide array of direct subsidies, regulatory credits, and subsidized infrastructure that contribute to the economic viability of EVs.”

They give evidence that “the average model year (MY) 2021 EV would cost $48,698 more to own over a 10-year period without $22 billion in government favors given to EV manufacturers and owners. … Adding the costs of the subsidies to the true cost of fueling an EV would equate to an EV owner paying $17.33 per gallon of gasoline.

And these estimates do not include the hundreds of billions more in subsidies in the Inflation Reduction Act (2022) for various aspects of the EV supply chain, particularly for battery manufacturing.”

“Nearly $22 billion in federal and state subsidies and regulatory credits suppressed the retail price of EVs in 2021 by an average of almost $50,000,” they note.

[HKMk23]

“I think I’m gonna be sick!”

Yeah, well... I had to LIVE with these people.

Gramps was a Mechanic at McCoy Ford in Fullerton for 42 years, and that 351 Torino was the hottest thing we ever had in the driveway while I was growing up.

[linMcHlp]

Wonderful.

The front suspension upper A arms attachment points, were not the traditional to the upper control arm shaft ends.

Instead, there were stubby links, attached to upper control arm shaft ends, and then each end (base of the “A”) was attached to its respective stubby link.

The result was a flexible camber that helped to keep the tire tread planted through turns and on banked oval “slow” turns. The Galaxy did not roll much at all, and the front tire did not “disappear” under its wheel.

But tires take still a beating from side loads, and all the cars in the videos (tx) have my sympathy. The Cortinas have so much engine spirit, and their tires barely can keep up.