The assumption here is that fossil fuels are actually cheaper. But an electric car pays back the higher upfront cost in fuel savings in significantly fewer miles than most cars will have put on them. Solar generates power at a lower cost per kWh than coal.

The fossil fuel industry has to be actively sustained through subsidies and government regulation hostile to alternatives. Maybe that wasn't true 50 years ago before the alternatives got viable and cheap, but if it's not true now then why did we stop subsidizing electric cars while we still subsidize oil companies?