Experts criticized Transportation Secretary Pete Buttigieg's comments this week suggesting that electric vehicles could be cheaper than comparable cars during a House hearing.
EV Safe Charger founder and CEO Caradoc Ehrenhalt introduces the robotics firm's mobile solution to 'charge anxiety' on 'The Claman Countdown.'
In April, AEG released its annual report analyzing the real world costs of vehicle ownership, comparing EVs to gasoline-powered cars. The report concluded that traditional mid-priced 2021 cars have a cost advantage over mid-priced EVs after factoring in electricity costs, charging equipment costs, road taxes and "deadhead miles," the distance consumers need to travel to remote charging stations.EVs charged using residential and normal commercial charging methods cost about $0.
GMC Hummer electric vehicles are pictured on the production line at General Motors' Factory ZERO assembly plant in Detroit, Michigan on Nov. 17, 2021. Emily Elconin/Bloomberg via Getty Images "A very large share of the electrical vehicles themselves are owned by affluent people and, often, wealthy people," he said, arguing government subsidies for EVs mainly benefit the upper class.
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