“The cost of charging equipment and charging losses, averaged out over 10 years and 120,000 miles, is $1.38 per gallon equivalent on top of [the $1.21 per gallon cost claimed by EV advocates]. 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.” – Texas Public Policy Institute
It seems that if we calculate the true costs of fuel for an EV, these are not really ready for prime time or even the market for the average person absent huge amounts of governmental intervention and subsidies. As it turns out, for the time being carbon based energy is again the superior option. Don’t believe this without researching the data found here:
2023-10-TrueCostofEVs-BennettIsaac.pdf (texaspolicy.com)



