And what happens why you take away subsidies and/or tax incentives?
New report unmasks true costs of electric vehicle mandates: ‘Remain more expensive’
A sweeping first-of-its-kind analysis published by think tank Texas Public Policy Foundation (TPPF) concludes that electric vehicles (EV) would cost tens of thousands of dollars more if not for generous taxpayer-funded incentives.
According to the TPPF report — authored by energy experts Jason Isaac and Brent Bennett — the average model year 2021 EV would cost approximately $48,698 more to own over a 10-year period without the staggering $22 billion in taxpayer-funded handouts that the government provides to electric car manufacturers and owners. The analysis factors in federal fuel efficiency programs, electric grid strain, and direct state and federal subsidies.
“It is not an overstatement to say that the federal government is subsidizing EVs to a greater degree than even wind and solar electricity generation and embarking on an unprecedented endeavor to remake the entire American auto industry,” the report states. “Despite these massive incentives, EVs are receiving a tepid response from the majority of Americans who cannot shoulder their higher cost.” (snip)
The report determined that, thanks to a special multiplier that has existed for more than two decades, EVs receive roughly seven times more credits under federal fuel efficiency programs than they provide in actual fuel economy benefits. That figure, the total regulatory credits from federal and state fuel efficiency and greenhouse gas emissions standards, amounts to an average of $27,881 per vehicle for EV makers.
Of course, most people cannot really afford EVs and/or they are just too inconvenient for their lives. Even AOC stated that most EVs other than her Tesla would be a pain in the behind. And as domestic auto makers come to terms with their unions it will drive prices up higher
Further, the analysis calculated the socialized cost of EV charging stations’ strain on the U.S. electric grid amounts to an average of $11,833 per EV over 10 years. Such costs are shouldered by utility ratepayers and taxpayers, many of whom may not own an EV.
“Without increased and sustained government favors, EVs will remain more expensive than ICEVs for many years to come,” it states. “Hence why, even with these subsidies, EVs have been challenging for dealers to sell and why basic economic realities indicate that the Biden administration’s dream of achieving 100% EVs by 2040 will never become a reality.”
Even with all those favors they are outside most people’s budgets. Those that people can stretch for become a problem for range and charging. Then there’s the fact that insurance is at least 25% more. I’m not against them. I’m against government forcing We The People into them.
FLORIDA LEADS THE WAY! Florida’s Israel Rescue Operation Update (re-post)
https://commoncts.blogspot.com/2023/10/florida-leads-way-floridas-israel.html
Queue Hairy telling us that EVs are actually price competitive with Gasoline vehicles..
Keep sharp objects away….
Is that you, johnnie boy?
Everybody knows…
Bwaha! Lolgf
“Well, surprise, surprise, surprise!”
– Gomer Pyle
I have to believe that if it weren’t for the battery, an EV would be cheaper than an ICE car. Figure that the mechanical components are roughly the same, and an electric motor and it’s control electronics is going to be simpler therefore cheaper than a gas or diesel engine. So, take the EVs back to the lab until more R&D makes the battery practical… or a fuel cell becomes cheap enough to use.
Mr S wrote:
That’s pretty much along the lines of, “Other than that, Mrs Kennedy, how was Dallas?”
An EV without the battery:
Yabba Dabba Do!!
Well, duh. My point was it’s the battery that makes the EV more expensive, so back to the drawing board until such time as a power source is built that can be charged or filled in minutes, has a 400+ mile range, and doesn’t go boom at a whim.
Fuel cells aren’t all that expensive. It’s the fuel. Between generating the hydrogen, distributing the hydrogen, and better means of storing the hydrogen in the vehicle are solved, FCVs won’t be practical in large numbers.
The Japanese have a means of generating a lot of hydrogen quickly using a gas-cooled nuclear reactor to drive the reaction to dissociate hydrogen from the feed water. (High temperatures are required to do this and ‘normal’ water-cooled reactors can not generate the temps needed, hence the gas cooled reactor.)
Storing the hydrogen in the FCV fuel ‘tanks’ needs to be perfected as the high-pressure storage tanks are a problem. Some have suggested using a metal-hydride sponge ‘mesh’ which will allow low pressure storage.
One thing FCVs will also need is a battery pack like those used in hybrids. Fuel cells don’t ramp up electrical output quickly, so a battery pack to handle acceleration and regenerative braking will be needed. (FCVs are really just a fancier hybrid.) Fortunately hybrid battery packs are only a fraction of the size of an EV battery pack. They also don’t need to use lithium ion batteries for this purpose. The original Toyota Prius used nickel metal-hydride batteries in its pack. Those are far easier (and cheaper) to make and recycle than lithium ion batteries.
Would an FCV be cheaper than an ICE car? No. But it would be cheaper than an EV. It would also take very little time to refuel and FCV versus charging an EV. It would take more time than filling a gas tank, but we’re talking an few additional minutes to do so.
Nikola is already producing a class 8 truck using fuel cell technology alongside their battery electric class 8 truck.
I was under the impression that fuel cells were expensive because of the platinum used as a catalyst. Also that the membranes used were expensive to make and fragile.
Yeah hydrogen is a difficult thing to produce and ship. I suppose if it were done, it would be just as well to burn the hydrogen in an engine than use fuel cells.
I didn’t know about the slow response time on fuel cells. It could explain all those supercapacitors that showed up on the surplus market a while back.
I wouldn’t worry about it because all those Democrats and climate cultists have millions of little black kids covered in flies they can use to produce all that stuff. Then when they turn nine years old which is the Democrats age of consent they could be shipped to Epstein ‘s island to do all the billionaire Democrats can come and give them a little shot.
My those Democrats are so interested in making sure that Trump gets prosecuted for something they haven’t even looked into Maxwell’s little back book yet. Isn’t that intriguing that the people who care the most about everybody especially children haven’t even prosecuted one child rapist.
https://www.youtube.com/shorts/1UbDMiLjfa0?feature=share
more videos that Elwood can deny exists and continue to call Trump a white supremacist and racist.
I’m already concerned with the 440-volt fast chargers being handled by untrained civilians; I can just imagine ordinary people trying to fill their hydrogen tanks!
What could possibly go wrong?