This isn't exactly correct or truthful. A new EV Bolt is only $4k more than a new Camry, and that difference is quickly made up from the gas saving, especially when gas is $4+ a gallon.
And when you want to accelerate adoption of something, you incentivize it. The US already spends $40+ billion in direct subsidies for oil (https://www.americanprogress.org/article/5-hidden-ways-the-government-rigs-the-market-in-favor-of-fossil-fuels/) Imagine instead of giving that to oil companies, you used that to accelerate the development of EV's and their roll out.