Published 39 mins ago
Experts slam Pete Buttigieg's comments on EVs: 'A con job'
"Americans have been given a false impression about EVs," researcher Patrick Anderson tells FOX Business
By Thomas Catenacci FOXBusiness
Transportation Secretary Pete Buttigieg's recent comments that electric vehicles (EVs) are cheaper than traditional alternatives were misleading, experts told FOX Business.
Buttigieg suggested EVs can be cheaper than comparable cars with internal combustion engines and more cost-effective to fill up, in response to a question from Rep. Scott Perry, R-Pa., during a House hearing Wednesday. During his questioning, Perry noted the high average cost of EVs and asked what the Biden administration's plans were to lower such costs for American consumers.
"I knew this might come up, so I pulled a few of the latest prices," Buttigieg told Perry. "A Chevy Bolt, an American-made 2022 EV is $26,595. If you want a pickup truck, like a Chevy Silverado EV or Ford F150 Lightning, the starting prices of those are $39,900 and $39,974, respectively."
"But what we're seeing in terms of the dynamics now is we're close to the point, and may actually be there on certain models and under certain circumstances, where the extent to which your car payment would go up, is actually already outweighed by the extent to which your gas bill would go down, even factoring in the cost of electricity," he continued.
However, experts highlighted that cheaper EVs are still more expensive than comparable traditional cars and must be charged more often due to their relatively low range. For example, the 2022 Chevy Bolt referenced by Buttigieg costs $26,595 and has a range of 259 miles while the traditional engine 2022 Chevy Spark costs $14,595 and has a range of 297 miles, according to company data.
"Customers are clever enough to figure this out despite the snow job from the electric vehicle promoters and people like Secretary Buttigieg," Myron Ebell, the director of the Competitive Enterprise Institute's Center for Energy and Environment, told FOX Business in an interview.
"It's really kind of a con job," Ebell said. "It may be a good deal for some people in some places under some circumstances. But by-and-large right now, it's not a good deal."
more
https://www.foxbusiness.com/politics/experts-slam-pete-buttigieg-comments-evs-con-job