Study: Fueling EVs Really Costs $17 Per Gallon. Yes, there’s propaganda about EVs, wind turbines, solar panels, and then there’s reality. What’s the cost of little children in Africa mining Cobalt for pennies per day? What’s the cost of having to dump wind turbine blades and solar panels?
In their paper “Overcharged Expectations: Unmasking the True Costs of Electric Vehicles,” the study’s authors, Brent Bennett and Jason Isaac, ostensibly argue that while the direct cost of “fueling up” to an EV owner may appear low, the real costs and considerations add up to be significantly more.
“Our conservative estimate is that the average EV accrues $48,698 in subsidies and $4,569 in extra charging and electricity costs over a 10-year period, for a total cost of $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.”
