EV mandates will save you money... unless you were driving a gas-powered car previously.
Carscoops (8/3/23) reports: Charging an electric vehicle is cheaper than filling up a gas-powered car, right? While that’s certainly what most people think, an intriguing study has revealed that per 100 miles driven, there are actually plenty of internal combustion-powered vehicles that are cheaper to fill up than charging an EV alternative in the U.S. An analysis from Anderson Economic Group says that entry-priced cars and crossovers cost on average $9.78 per 100 purposeful miles that they can be driven. These include vehicles like the Nissan Versa, Honda Civic, Hyundai Elantra, Subaru Impreza, and Mitsubishi Mirage. By comparison, entry-priced EVs like the Nissan Leaf and Chevrolet Bolt charged mostly at home provide on average 100 miles of range for every $12.55 spent charging. Entry-priced EVs charged at stations cost $15.97 per 100 miles. It is a similar story in the mid-priced segments of cars and crossovers. ICE vehicles in this segment like the Honda Accord, Toyota Camry, Chevrolet Malibu, and Subaru Outback typically cost about $11.08 to fill up per 100 miles they can be driven. By comparison, charging up a rival EV like the Kia EV6, Tesla Model 3/Y, and Ford Mustang Mach E at home typically costs $12.62 per 100 miles of range or $16.10 per 100 miles of range when charged at a station."
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"In short, [net-zero] policies, whether domestic or international, cannot satisfy any plausible benefit/cost test. Nonetheless, the beat goes on, in Europe and in the Beltway. But reality will intrude, sooner or later. "
– Benjamin Zycher,
American Enterprise Institute
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