EVs don’t have to cost 55k. Most of the people I know who drive them paid under $30k, almost half of the average gas-powered vehicle, and they’re so much cheaper than ICE vehicles to maintain and operate that they’re saving considerably more over the life of the vehicle.

Transit is cheaper still but has the problem that it’s nowhere near as subsidized as private vehicle travel but expected to have high fare box recovery, and the transit experience is directly worsened by private vehicle use. Simply subsidizing car ownership less would help there by not masking the true costs and reducing congestion.