Unveiling the Hidden Costs: Why Electric Vehicles Cost is $17 per Gallon

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Published on November 16, 2023 3:15:02 PM ● Video Link: https://www.youtube.com/watch?v=e0RCHkVkK78

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UNMASKING THE TRUE COSTS OF ELECTRIC VEHICLES. Is this true? Fueling Electric Vehicles Costs $17 per Gallon. Experts discuss how they resulted in this numbers and what is happening with electric vehicies and what you need to know.

Fueling an electric vehicles costs $17.33 per gallon, Jason Issac and Lauren Fix discuss the American Energy Institute most recent report on the true cost of an electric cars to all Americans.

The cost of producing electric vehicles (EVs) is far higher than the prices they are being sold for.
Nearly $22 billion in federal and state subsidies and regulatory credits suppressed the retail price
of EVs in 2021 by an average of almost $50,000.

Thanks to an unlawful multiplier, EVs receive nearly seven times more credits under federal fuel
efficiency programs than they provide in actual fuel economy benefits.

Regulatory credits with bonus EV multipliers from federal fuel efficiency and greenhouse gas
emissions standards and state EV sales mandates provide an average of $27,881 in benefits per
vehicle for producers of EVs.

Home and public charging stations used by EVs put a significant strain on the electric grid, resulting in an average of $11,833 in socialized costs per EV over 10 years, which are shouldered by utility ratepayers and taxpayers.

Direct state and federal subsidies for EVs average $8,984 per vehicle over 10 years.

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00:00 Fueling #ElectricVehicles Costs $17 per #gallon
00:40 Jason Issac discusses the report
01:38 Car companies are taking losses
03:37 Energy poverty

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Unveiling the Hidden Costs: Why Electric Vehicles Cost is $17 per Gallon
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