Interesting study by the Anderson Economic Group and writeup by the Washington Examiner, concludes that EVs cost more than ICE to refuel.
It's as I've been saying. The dishonest veneer of the EV marketing is quickly becoming transparent. They don't hold the charges as advertised, the batteries won't last as long as advertised, we've all seen the evidence that cobalt mining is far from humane or environmentally friendly, and in this case, the alleged cost savings on energy are non-existent or immaterial. This is with a 4% nationwide adoption. The more EVs are adopted, the higher electricity grids will be strained, and higher costs per KWH we will all be suffered to pay for electricity.
www.washingtonexaminer.com
www.andersoneconomicgroup.com
"Drop in gas prices gives cost advantage back to ICE-powered vehicles for the first time since the second quarter of 2021.
East Lansing, MI–January 24, 2023: 2022’s final quarter brought relief at the pump for drivers of traditional Internal Combustion Engine (ICE) vehicles as the cost to drive 100 miles dropped by more than $2. With the cost for electricity also trending upward during the year, mid-priced ICE cars became more economical to fuel than their Electric Vehicle (EV) counterparts for the first time in 18 months.
In Q4 2022, typical mid-priced ICE car drivers paid about $11.29 to fuel their vehicles for 100 miles of driving. That cost was around $0.31 cheaper than the amount paid by mid-priced EV drivers charging mostly at home, and over $3 less than the cost borne by comparable EV drivers charging commercially."
Admittedly this is a trivial costs, but it's whittling away at the false marketing claims EV has been cramming down American's throats for forced acceptance.
It's as I've been saying. The dishonest veneer of the EV marketing is quickly becoming transparent. They don't hold the charges as advertised, the batteries won't last as long as advertised, we've all seen the evidence that cobalt mining is far from humane or environmentally friendly, and in this case, the alleged cost savings on energy are non-existent or immaterial. This is with a 4% nationwide adoption. The more EVs are adopted, the higher electricity grids will be strained, and higher costs per KWH we will all be suffered to pay for electricity.
Electric vehicles now cost more to fuel than gas-powered cars: Study
Drivers of gas-powered cars have grabbed the cost advantage back from electric vehicle owners thanks to a drop in prices at the pump, according to a new study.
www.washingtonexaminer.com
Gas-Powered Cars Cheaper to Fuel than Electric in Late 2022 – Anderson Economic Group
www.andersoneconomicgroup.com
"Drop in gas prices gives cost advantage back to ICE-powered vehicles for the first time since the second quarter of 2021.
East Lansing, MI–January 24, 2023: 2022’s final quarter brought relief at the pump for drivers of traditional Internal Combustion Engine (ICE) vehicles as the cost to drive 100 miles dropped by more than $2. With the cost for electricity also trending upward during the year, mid-priced ICE cars became more economical to fuel than their Electric Vehicle (EV) counterparts for the first time in 18 months.
In Q4 2022, typical mid-priced ICE car drivers paid about $11.29 to fuel their vehicles for 100 miles of driving. That cost was around $0.31 cheaper than the amount paid by mid-priced EV drivers charging mostly at home, and over $3 less than the cost borne by comparable EV drivers charging commercially."
Admittedly this is a trivial costs, but it's whittling away at the false marketing claims EV has been cramming down American's throats for forced acceptance.
