The Economics of Electric Vehicles

Source: Dispatches from Heck
by Frank Clarke

“EVs are expensive because many of their parts are expensive, particularly batteries. To make EVs appear affordable, governments subsidize their purchase, the subsidy being paid by everyone in the tax base. Charging stations are likewise subsidized both as to their construction and installation as well as the actual rate per kilowatt-hour. … if renewable energy can’t handle even today’s demand, where is all this electricity we’re currently using coming from? In large part, it’s coming from coal and other similarly dirty fuels. It may be that EVs are actually more polluting than FVs.” (11/19/22)