In-Depth: What It Really Costs to Own an EV

While both Ottawa and Washington are aiming to eventually eliminate new gas-powered cars from being sold, consumer demand for electric vehicles (EVs) is currently languishing and the true cost to the consumer of an EV is a subject of debate.  

“EVs have consistently failed to compete with combustion vehicles on performance and cost, and failed to win broad consumer support despite oceans of government subsidies for manufacturers and buyers alike,” said an Oct. 11 Fraser Institute op-ed

Even with strikes plaguing the industry, “the bigger story in autos is the EV slowdown,” RBC Capital Markets global auto analyst Tom Narayan told CNBC on Oct. 30.

Share

GOLDSTEIN: Electric vehicles subsidies costly and ineffective, says study

Our federal and provincial governments know that subsidizing electric vehicle sales is a notoriously expensive and inefficient way of reducing industrial greenhouse gas emissions, so why do they keep doing them?

A new report by the fiscally-conservative Fraser Institute released Tuesday says the $5,000 federal government subsidy to consumers who buy eligible EV vehicles results in a cost to all Canadians of $355 to lower one tonne of emissions.

Share

Cost Of Driving Electric Vehicle Equal To Paying $17.33 Per Gallon Of Gasoline, Study Finds

A comprehensive new study of electric vehicles shows that the cost of running them is far more expensive than has been commonly thought.

Brent Bennett and Jason Isaac issued their report for the Texas Public Policy Foundation, pointing out that advocates for electric vehicles claim the vehicles require lower maintenance and lower fueling costs than traditional vehicles, and future reductions in battery prices will make EVs less expensive.

h/t Mauser

Share

The Tesla killer? Toyota’s EV breakthrough will allow cars to travel 745 miles on a single 10 minute charge

Toyota has said it is close to being able to mass manufacture potentially revolutionary solid-state batteries that could offer double the range of existing electric cars.

According to Toyota, cars powered by solid-state batteries could have a range of 745 miles, a charging time of 10 minutes and hit the market in 2027 or 2028.

They have been presented by experts as a revolutionary technology that could bring EVs into the mainstream.

We’ll see. But those are game changing numbers.

Share

Organization demanding forced transition to EVs also opposes mining practices needed to procure the minerals to build the cars

One need only take a very quick and superficial look at the “green” movement to rightly deduce the “greenies” are a bunch of morons—they’re either incapacitated with their hands glued to the road, protesting something by throwing soup all over a Vincent Van Gogh painting, or, demanding a forced transition to battery-powered vehicles, wind turbines, and solar farms… while also demanding no mining take place for the minerals needed to power such initiatives.

Share

EVs are getting easier to find – but with price tags out of reach for many Canadians

Canada’s electric vehicle market keeps getting bigger, but that’s not necessarily good news for consumers – or the environment.

Manufacturers are leaning heavily on electrified SUVs, trucks and large cars that mean high prices and profits for the auto makers.

The trend has helped push the average price for an EV to almost $73,000, according to Canadian Black Book, making it well out of reach for most households. That’s true even with signs of downward pressure from Tesla price drops.


EV’s are impractical for a number of reasons, pretending a price drop is all that’s needed to make them ubiquitous is a lie.

Share

Three reasons drivers aren’t rushing to trade in their gas guzzlers for EVs

As the automotive industry is transitioning toward greener energy, electric vehicles incentives and rebates have swept the nation. However, drivers are reporting concerns about trading in their gas-powered vehicles for a more sustainable alternative.

According to a recent poll from Ipsos and Yahoo Finance, 57% of respondents said they would not likely purchase an EV as their next car, citing high costs, limited driving range, and few charging stations as their top reasons.


Electric cars risk becoming uninsurable

Share

Ignoring Reality: The Zero-Emissions Crusade

EVs aren’t as popular or as effective as gas vehicles.

Marching under the banner of zero emissions, the Biden administration has embarked on a great crusade. At breakneck speed, it aims to bring about a massive transition: forcing the American people — and U.S. automakers — to abandon gas- and diesel-powered cars and trucks and to switch to all-electric vehicles (EVs).

EVs set a new record in the first quarter of this year. They accounted for a much-ballyhooed 7 percent of U.S. passenger car and pickup sales. Almost half of those vehicles went to consumers with an average annual income of more than $150,000, who said they were eager to jump on the environmental bandwagon. The average income of people who purchased vehicles with internal combustion engines was not even half as much. But they did account for 93 percent of the market.

Share

Couple furious as they’re handed £17k bill for ‘driving Tesla in the rain’

A couple said they are “in shock” after claiming Tesla handed them a £17,000 bill to fix their battery after it was “damaged by driving in the rain”.

Johnny Bacigalupo and Rob Hussey took their £60,000 electric car to Tesla when it stopped working following bad weather.

After “frustrating” back and forth with the company, the pair said the bill came out to £17,374 despite claiming no fault on their part.

h/t TB

Share

GREEN: Trudeau’s super-charged battery foolishness reaches new heights

Every week, it seems, we get another report revealing the deep thoughtlessness and fiscal recklessness of Ottawa’s electric car and electric-car battery fixation.

For example, the Parliamentary Budget Officer recently asked how long it will take for the federal government to see a return on the $28.2 billion of production subsidies to EV battery-makers Stellantis and Volkswagen. The answer — about four times longer than government originally claimed.

Share

Nevada lithium mine leads to ‘green colonialism’ accusations

In the high Nevadan desert near the Oregon border lies an enormous deposit of lithium, a metal that is essential in the production of electric car batteries.

President Joe Biden wants to get it out of the ground. But its exploration is dividing communities which are usually on the same side of political arguments.

Environmentalists and native people cannot agree on whether a new rush for this “white gold” should be supported or fiercely opposed.

Share

Federal Prediction on Break-Even Period for EV Subsidies ‘Wildly Optimistic,’ PBO Tells MPs

The Parliamentary Budget Officer (PBO) says the federal government’s estimate of five years for it to break even on subsidies to auto giants Volkswagen and Stellantis was “wildly optimistic,” citing the PBO’s recent report that found it would take more than 20 years.

The federal government relied on a report by the non-profit group The Trillium Network for their claim, but Yves Giroux told MPs on the Standing Committee on Industry and Technology Thursday that the Trillium report contained “a lot of assumptions.”

Share

Entire fleet of Jackson’s rechargeable buses out of commission, public transit service falls back on the ever-reliable diesel engine

Underneath the foreseeable fiasco is a scandal that views like a Solyndra rerun, and a grotesquely wasteful government—and as if Solyndra-esque plotlines and a federal government taking our hard earned money to prop up both parties on either end of a business deal from which a vast majority of the country does not benefit weren’t realities obscene and condemning enough, the latest act in the unfolding rechargeable vehicle drama of Jackson’s START system now can add a 100% failure rate of the product to the list. Cowboy State Daily’s Kevin Killough penned an article last week covering the news

Share