Despite a common perception that electric vehicles are cheaper to own and operate than their internal combustion counterparts, a Texas think tank says the true cost is the equivalent of USD$17.33 per gallon — or CAD$6.32 per litre — over the life of the car, after factoring in subsidies and incentives.
The calculations were based on full cycle costs, including charging equipment, associated incentives and both direct and indirect subsidies in the form of avoided fuel taxes, averaged over 10 years and 120,000 miles.
And that’s not even factoring in emissions.
“Setting aside some of the questionable assumptions used in deriving such favorable economics for EVs, 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,” wrote Brent Bennett and Jason Isaac on behalf of the Texas Public Policy Foundation.
“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 endeavour to remake the entire American auto industry.”

Let’s face it, as of now, it’s a status buy. If you ask how much, you can’t afford it. It also might burn down your garage and house.
Thomas, all the circular math on the planet cannot make an EV cheaper to make or run than the good old internal combustion engines. As I keep saying, over and over again, the fossil fuel inputs and rare metals make them much more expensive to build and the lack of electricity make them more expensive to drive. The stupid has to be crushed in this damn world before the stupid crushes us.
If you have to ask how much used to apply to Donzie boat ad.
Since you’re a grumpier old man than me, I have trouble telling if you’re agreeing with me or giving me shit. LOL
Just stating the obvious Thomas, no malice in the words.
No problem. I’m a joker.
Thomas – not everyone one, or certainly not enough of us, can afford this status buy!
https://www.theverge.com/2023/10/26/23934172/ford-12-billion-ev-investment-postpone-q3-earnings
One (rich) person’s subsidy is another (poor) man’s stolen taxes.
The oligarchy is myopic. This is unsustainable.
And did I mention there will never be enough electricity available to keep these growing numbers of EVs charged while keeping the lights on. I say not likely.
Futther there will never be enough suckers to buy the ‘toys’.
Under NO circumstances will I ever own an EV. I have an ’08 Tacoma and an ’03 Sienna, and I intend to keep them running until I die.
I will keep my Subaru Outback to the bitter end as well.
Sounds a lot like the cost of owning a Model T when they first came out. No gas stations, no mechanics. An owner had to carry jerry cans of fuel, and blacksmiths had to figure out how the car worked to they could fix it. The owners of wagons and horses just kept travelling, though more slowly, and made money pulling T-drivers out of mudholes. The T-owners had to drain the water out of the cooling system and put the car on blocks for the winter, and round up the old horse again.
I read of one farmer that kept a low spot in the road in front of his place well-watered as a trap for cars so he could pull them out for a dollar or whatever.
Dan: “I read of one farmer that kept a low spot in the road in front of his place well-watered as a trap for cars so he could pull them out for a dollar or whatever.”
And yet still, most all of the city slickers think farmers are dumb.
City guy: “Stuck! Crap! Dumb@$$ farmer. Can’t he figure out how to drain that low spot in the road?”
At least the Ford Model Ts worked, and were simple enough that anyone with mechanical talent could repair them.
Electric cars? Not so much.
The difference being the early cars provided a clear advantage over a horse and buggy. One could go much farther and much faster that a horse and buggy and you didn’t have to worry about them road apples. The same advantage does not exist with an electric car vs an ICE. In every discernable measure the ICE is the superior vehicle. I drove a thousand kms yesterday. It took me about 10 hours. I never filled up with gas and don’t need to for another 200 kms. The entire trip cost me $175.00 for gas. The trip was business related and the cost of the people in man hours need to be factored in. If I needed to stop every 300 kms for an hour that would have cost me an extra $500.00 in wages. Sadly I couldn’t fly to the site so wages do add up. There is no advantage economically or safety or reliability in an electric vehicle. Add to that that I was carrying a 1000 lbs of gear and luggage….
Eventually, the proponents of the EV will hit an impasse. They are currently still in the phase like when the first hand held calculators came out (I can recall prices of about $600 on something that would cost $5 today). EV’s, however, will never cost less than gas powered cars in a item to item comparison. But, that’s where the government comes in. They will focus on making gas powered vehicles and equipment much more expensive through over regulation, supply side manipulation on gasoline, and scarcity of replacement parts or new parts to reflect the emissions regulations applied ex post facto.
So, it’s not about how expensive an EV might be. It’s all about how expensive a combustion engine WILL BE.
I predict we will get to the point where the government regulates “license to drive an ICE auto or truck” … and they will be metered out to a select few people who can justify the need … such as with conceal-carry gun licenses. The ICE licenses will only be given to farmers, and tradesmen who can demonstrate a “threat” to their livelihood if they don’t get the license.
I was always scolded that … “driving is a privilege”. Little did I know just how seriously the government would take that credo.
I’ll take it a step further. We are told that EV’s are much better for the environment (given pollution and climate change as the fundamental basis for the change). The thing is, EV’s are NOT better for the environment, and their power source is not sustainable or feasible for the layman citizen on such a grand scale.
I’m convinced that the whole basis of EV’s is a wedge. Destroying the gas combustion industry as a whole is the goal. But, the ultimate goal is to remove rural communities and force everyone to migrate to urban centers. Thus the need for personal transportation gets removed from everyone but a certain few.
Pair that up with the corporate grabs into farming land, the regulating of Dutch farmers out of existence etc. It’s all related and tied together.
Orson … you’re even more cynical than me … and that takes SOME doing. Sadly, I believe you are correct. In which case there will be REBELS who refuse to live in societies chains and the landscape will look eerily like the dystopian Road Warrior and Mad Max.
The “license to drive” is in provincial jurisdiction.
The “license to drive” what?
I think the London ULEZ Bladerunners showed how a population may resist the green tyranny.
Don’t confuse the liberal mind with actual facts. As has been shown, they don’t get it.
And what is going to be fun is when all these EVs require new batteries. A friend of mine, who owns a Tesla, told me that a battery replacement is $26,000 CAD.
Who in their right mind will buy a used EV when they know that there will be a significant outlay for a new battery just around the corner ?
i think that a lot of used EVs will be worth almost nothing in 10 years.
That’s the plan. Disposable cars.
And recycle the dead batteries for the lithium. But that strategy is a drop in the bucket for the vast quantity of lithium requires to replace every car on the road. Liberals can’t do math,it’s hard, and, unrealistic.
The future is transit by sardine can for the peons.
What is going to be fun is when everyone plygs their EV in at 6PM to recharge.
And Dan, the plan isn’t disposable cars, it is NO cars.
I agree. But you don’t get a lot of trade in value on your 10 year old ICE vehicle either. I got hosed hard on my last two trade-ins . A 10 year old vehicle has little residual value.
“Electric vehicles are the Next Big Thing…and they always will be.” – Robert Bryce
A hundred and eighty years and counting. The difference is that the elected Jacobins and Bolsheviks are now prepared to do anything, including killing the domestic auto industry, in their pursuit of dictating how the rest of us live our lives.
Wide adoption is not possible that is if you expect to drive the things.. Nobody cares..
Just like they want to restrict the masses from having guns, they also want to restrict their mobility. No guns for you and no cars for you either.
How electric cars are saving the planet!
https://twitter.com/RealJamesWoods/status/1718303612202619123?
Or, as the green nutters in the USA might say We don’t need no stinking Canadian oil
https://www.zerohedge.com/geopolitical/biden-chose-venezuela-over-canada-oil
The Powers That Be and the Globalist Evil Bastards do not want the serfs to have any mobility.
Step one is to strangle ICEs directly through regulation and taxation. Then the k!ll sh0t will be when gasoline and diesel are unavailable because no-one can drill for oil anymore.
Step two is obvious already. If we really are going to go to an all-EV transport system, where is the investment in the grid? It just isn’t happening. Tons of money is being thrown at unreliables such as wind and solar. Grid-scale battery backup is unaffordable but that doesn’t stop spending on efforts to demonstrate that it is indeed impossibly costly. Already there have been requests that EV owners not charge their vehicles during hot or cold spells because the grid was struggling as it was.
Down the road, no-one but the ‘elites’ will have personal transportation and the serfs will have maybe a little public transportation or no transportation at all.
That’s the plan, folks. Serfs must stay put.
“Down the road, no-one but the ‘elites’ will have personal transportation “
But they won’t be safe driving down the streets and roads of the now desperate plebs who have been destroyed by the commies who are presently in power taking us down and ending our freedom.
Revolution dudes. That is always the answer. look at history and you will see how humans survive shit like we are going through right now. They revolt and kill their oppressors then start over.
A Mussolini moment, or a Ceaucescu weekend, and things could be much different….
It is amazing how many people are willing to pay higher prices for less functionality.
Old joke.
How can you tell a Liberal?
You can’t,you can’t tell a Liberal anything.
As with the buyers of the EV BS,they will learn,only by living the pain.
A good education is expensive.
The University of Hard Knocks awaits,those who buy the EV delusion.
Uncommon sense, this technology has already failed in the market place.
200 years ago.
The reasons it failed are still with us.
Battery Technology has not advanced enough to solve the range and reliability issues.
Instead they do make nice fire starters..Oh wait that was an issue with the external combustion engine..Which the Electric car lost out to..