As the Biden administration coerces the auto industry to manufacture more electric vehicles (EVs), you may be hearing that EVs will be cheaper than gasoline vehicles. However, the average EV benefits from federal and state subsidies and regulatory credits for EVs, socializing the true cost of these vehicles to taxpayers, utility ratepayers, and owners of gasoline vehicles.
Read more in our research paper, “Overcharged Expectations: Unmasking the True Costs of Electric Vehicles.”