Maybe five years ago.
Today you will break even on EV vs ICE after about 5 years, and that’s ignoring any rebates.
Every year EVs are getting cheaper. We aren’t far away from EVs both selling for less and having lower operating costs. At that point they will become a very large part of the market.
Oh, common. Tesla would never make a penny if not for the payments from other companies to get the e-vehicle credits. There are direct governments subsidies on e-vehicles, and e-vehicles do not pay gas taxes. Even so they are very substantially more expensive than iCE.
Electricity has to come from somewhere and the modern ICE are quite as efficient as power plants. With transmision line loses, battery efficiency (just 80%) and the Electric motor still loses 10%, the system efficiency of electric vehicles is barely the same as gas vehicle.
Now if you run in cold weather, you really loose in EV as heating in Gas comes free, but EV just burns electricity.
Of course the e-people are cheating as much as they can to show their superiority.
Even the MPGe is at least double than it should be.
And the Ge could cost as much as $9 in MA. A lot more then G costs even in CA. On average Ge costs you about twice than G, so MPGe is about twice as MPG.
The calculations are quite complicated, but if you do them you will see how the e-vehicle crowd is cheating to look better.
I went to the EPA web site, they have calculator. According to their numbers (obviously skewed anyway) I would safe $200 a year driving the best EV against driving equivalent small ICE. In 10 years, $2000 savings.
I probably would break even in 50 years.