Beyond the Tailpipe: Unmasking the EV Revolution - Part 3: Subsidies, Sprawl, and $7.5 Billion: The True Cost of Electric Adoption
Beyond the Tailpipe: Unmasking the EV Revolution 1 Beyond the Tailpipe: Unmasking the EV Revolution - Part 1: The Electric Lie? Unpacking the Hidden Carbon Cost of Manufacturing Your EV Battery 2 Beyond the Tailpipe: Unmasking the EV Revolution - Part 2: From Congo to Charger: Who Really Pays the Price for Clean Driving? 3 Beyond the Tailpipe: Unmasking the EV Revolution - Part 3: Subsidies, Sprawl, and $7.5 Billion: The True Cost of Electric Adoption 4 Beyond the Tailpipe: Unmasking the EV Revolution - Part 4: The Real Climate Fix: Why Better Buses Beat Buying a New Electric Car 5 Beyond the Tailpipe: Unmasking the EV Revolution - Part 5: The Road Ahead: How Better Batteries and Smarter Grids Can Deliver the EV Promise ← Series Home Electric vehicles (EVs) often promise lower operating expenses, but the economic analysis must extend beyond the individual owner’s wallet. A comprehensive view examines the “total cost of adopting an EV,” which includes the substantial financial burdens borne by society and governments. This societal cost includes massive infrastructure investments, future fiscal crises, and highly regressive public subsidies. The current financial model for mass EV adoption relies heavily on socializing infrastructure costs while privatizing benefits for affluent users. ...