{"id":285954,"date":"2023-11-01T12:30:26","date_gmt":"2023-11-01T11:30:26","guid":{"rendered":"https:\/\/climatescience.press\/?p=285954"},"modified":"2023-11-01T12:30:32","modified_gmt":"2023-11-01T11:30:32","slug":"electric-vehicles-unveiling-the-hidden-costs","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=285954","title":{"rendered":"Electric Vehicles: Unveiling the Hidden Costs"},"content":{"rendered":"\n
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It doesn\u2019t include road maintenance \u2014 EVs tend to be heavier and cause more damage to pavement than conventional cars and trucks \u2014 because they avoid fuel taxes and surcharges that would otherwise go into preserving the road network.<\/em><\/strong><\/p>\n\n\n\n

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From Watts Up With That?<\/a><\/p>\n\n\n\n

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The Western Standard\u00a0recently published an insightful article<\/a>\u00a0that dissects the true costs associated with electric vehicles (EVs), challenging the prevailing notion of their economic efficiency. Drawing from a detailed analysis by the Texas Public Policy Foundation, the article reveals that the actual cost of EVs, when accounting for various subsidies and incentives, equates to USD$17.33 per gallon, or CAD$6.32 per litre, over the vehicle\u2019s lifetime.<\/p>\n\n\n\n

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\u201cDespite 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 \u2014 or CAD$6.32 per litre \u2014 over the life of the car, after factoring in subsidies and incentives.\u201d<\/p>\n<\/blockquote>\n\n\n\n

The study considers full cycle costs, including those related to charging equipment and both direct and indirect subsidies such as avoided fuel taxes. It presents a comprehensive view, revealing that the economic viability of EVs is significantly bolstered by a multitude of financial benefits and subsidies.<\/p>\n\n\n\n

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\u201cSetting 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,\u201d<\/p>\n<\/blockquote>\n\n\n\n

the authors noted.<\/p>\n\n\n\n

The article also highlights the substantial losses incurred by manufacturers despite receiving significant subsidies. For instance, it is reported that companies like Ford are incurring losses exceeding $70,000 on each EV sold.<\/p>\n\n\n\n

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\u201cDespite lavish subsidies on both sides of the border \u2014 to manufacturers as well as consumers \u2014 the report suggests companies such as Ford are losing more than $70,000 on each EV it currently sells.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Moreover, the article brings attention to various indirect costs that are often overlooked. These include the necessary upgrades and maintenance of the electrical grid to accommodate an increased number of EVs and the additional road maintenance costs due to the heavier weight of EVs.<\/p>\n\n\n\n

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\u201cEV owners don\u2019t pay the true cost of upgrading and maintaining the electrical grid to accommodate the increased load from higher numbers of EVs on the road, which amounts to a handout from regular electricity consumers.\u201d<\/p>\n<\/blockquote>\n\n\n\n

In conclusion, the Western Standard\u2019s article provides a detailed examination of the economic aspects of EV ownership, uncovering hidden costs and subsidies that challenge the perceived cost-effectiveness of EVs. It encourages a more nuanced discussion on the economic implications of EVs, considering a broader range of factors beyond the initial purchase price.<\/p>\n\n\n\n

(Source: Western Standard)<\/a><\/p>\n\n\n\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

It doesn\u2019t include road maintenance \u2014 EVs tend to be heavier and cause more damage to pavement than conventional cars and trucks \u2014 because they avoid fuel taxes and surcharges that would otherwise go into preserving the road network. From Watts Up With That? The Western Standard\u00a0recently published an insightful article\u00a0that dissects the true costs […]<\/p>\n","protected":false},"author":121246920,"featured_media":285963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"It doesn\u2019t include road maintenance \u2014 EVs tend to be heavier and cause more damage to pavement than conventional cars and trucks \u2014 because they avoid fuel taxes and surcharges that would otherwise go into preserving the road network.","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691821977,691819433,691822976,691818299],"class_list":{"0":"post-285954","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-electric-vehicles-evs","9":"tag-energy-subsidies","10":"tag-hidden-costs","11":"tag-subsidies","13":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-2.png?fit=1024%2C1024&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1coa","jetpack-related-posts":[{"id":285941,"url":"https:\/\/climatescience.press\/?p=285941","url_meta":{"origin":285954,"position":0},"title":"Study: Cost of \u2018fueling\u2019 an electric vehicle is equivalent to $17.33 per gallon","author":"uwe.roland.gross","date":"01\/11\/2023","format":false,"excerpt":"The complete costs of \"fueling\" an electric vehicle for 10 years are $17.33 per equivalent gallon of gasoline, a new\u00a0analysis\u00a0from the Texas Public Policy Foundation says. BY\u00a0KENNETH SCHRUPP\u00a0 An electric vehicle driver makes use of a charging station in Seattle.\u00a0Photo courtesy of the City of Seattle. The study authors say\u2026","rel":"","context":"In \"$17.33 Per Gallon\"","block_context":{"text":"$17.33 Per Gallon","link":"https:\/\/climatescience.press\/?tag=17-33-per-gallon"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/0westernstandard_2023-10_20d7ac8b-57aa-44df-b263-e71c88e0733a_IMG_1881-1.webp?fit=768%2C432&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/0westernstandard_2023-10_20d7ac8b-57aa-44df-b263-e71c88e0733a_IMG_1881-1.webp?fit=768%2C432&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/0westernstandard_2023-10_20d7ac8b-57aa-44df-b263-e71c88e0733a_IMG_1881-1.webp?fit=768%2C432&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/0westernstandard_2023-10_20d7ac8b-57aa-44df-b263-e71c88e0733a_IMG_1881-1.webp?fit=768%2C432&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":244972,"url":"https:\/\/climatescience.press\/?p=244972","url_meta":{"origin":285954,"position":1},"title":"Green Energy: Greatest Wealth Transfer to the Rich in History","author":"uwe.roland.gross","date":"22\/02\/2023","format":false,"excerpt":"We are in the midst of history\u2019s greatest wealth transfer. Government subsidized wind systems, solar arrays, and electric vehicles overwhelmingly benefit the wealthy members of society and rich nations.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-625.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-625.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-625.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-625.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-625.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":245437,"url":"https:\/\/climatescience.press\/?p=245437","url_meta":{"origin":285954,"position":2},"title":"Green Energy \u2014 The greatest transfer of wealth to the rich in history","author":"uwe.roland.gross","date":"25\/02\/2023","format":false,"excerpt":"We are in the midst of history\u2019s greatest wealth transfer. Government subsidized support for wind systems, solar arrays, and electric vehicles overwhelmingly benefits the wealthy members of society and rich nations.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-756.png?fit=990%2C660&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-756.png?fit=990%2C660&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-756.png?fit=990%2C660&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/02\/image-756.png?fit=990%2C660&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":218835,"url":"https:\/\/climatescience.press\/?p=218835","url_meta":{"origin":285954,"position":3},"title":"It Is Time EV Drivers Paid Their Share of Tax","author":"uwe.roland.gross","date":"14\/09\/2022","format":false,"excerpt":"All in all, therefore, EVs are subsidised to the tune of \u00a31135 a year. 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