The hidden costs of EVs

The Lid:

...

“The stark reality for proponents of EVs and for the dreamers in the federal government, who are using fuel economy regulations to force manufacturers to produce ever more EVs,” they conclude, “is that the true cost of an EV is in no way close to a comparable ICEV [internal combustion engine vehicle]. Our conservative estimate is that the average EV accrues $48,698 in subsidies and $4,569 in extra charging and electricity costs over 10 years, for $53,267, or $16.12 per equivalent gallon of gasoline. Without increased and sustained government favors, EVs will remain more expensive than ICEVs for many years to come.”

The piece also indicates that Ford is losing $70,000 on each EV it sells.  About the only place I have seen Ford EVs is in their display areas.  The Ford Lightning truck has significant range limitations.  Their other EV is a version of the Mustang.

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