Biden’s war on gas cars will cost Americans a fortune
NY Post
The Environmental Protection Agency released what it calls the “strongest-ever pollution standards for cars,” which it claims will “expand consumer choice in clean vehicles.”
That’s a stretch: These new regulations, which are clearly beyond EPA’s defined powers, will limit overall vehicle choice and force Americans into expensive and unreliable electric vehicles.
The EPA expects plug-in electric vehicles to make up between 62% and 70% of the automotive market. But this unrealistic target ignores two key facts:
First, consumers are not lining up to purchase electric vehicles, which made up only 7.6% of 2023 vehicle sales despite heavy subsidies.
American drivers simply aren’t embracing EVs because they know these vehicles have shorter driving ranges and longer refueling times. Not to mention that they’re significantly more expensive.
The five-year cost to own an average electric vehicle is more than $92,000, according to the North American Auto Dealers Association.