Government report says electric cars don't make economic sense

Government report says electric cars don't make economic sense - Watchdog.org
...Another revelation was the EIA’s data on the payback period for electric and electric-gasoline hybrid vehicles (EHV’s / PEHV’s) as compared to vehicles with a conventional gasoline engine.

Hybrid and electric cars are significantly more expensive to purchase up front compared to their conventional counterparts. 
Total cost of ownership starts out higher.
So manufacturers typically make two common pitches to get you to buy.

They want you to think green.
...So the second pitch is savings.

..The EIA 2015 Energy Outlook Report begs to differ.

In 2040, compared with gasoline vehicles, fuel cost savings would be $227/year for an electric-gasoline hybrid, with a “payback period” of approximately 13 years for recovery of the difference in vehicle purchase price compared with a conventional gasoline vehicle; $247/year for a PHEV10, with a 27-year payback period; $271/year for a PHEV40, with a 46-year payback period; and $469/year for a 100 percent electric drive vehicle, with a 19-year payback period.