Whether wanted by consumers or not, the federal government’s electric vehicle (EV) transition is in full swing, and Democrats hyped the recent passage of the Inflation Reduction Act (IRA) as an accelerant to this evolution.
Further, gas prices’ continual pounding of people at the pump spurred consumers’ EV interest to 36 percent, according to a 2022 Consumer Report. Thirty-six percent may not sound like much, but it’s a significant increase from 2020’s report, which showed EV interest at four percent.
Still, one of the hurdles to increased EV adoption is price. On July 12, Kelly Blue Book reported that the average cost of an EV was over $66,000. The price for an average gas-powered vehicle was $43,942—a $22,000 difference….