Saturday, December 16, 2023

The electric vehicle fire is extinguishing itself

 The electric vehicle fire is extinguishing itself - American Thinker   

We can make all manner of EV mandates while simultaneously shuttering our only reliable means of power generation, replacing them with solar and wind power, both of which are unreliable and can’t make up for the lost coal, natural gas and nuclear generation capacity.

"Onerous electric vehicle mandates have threatened to crash not only the economy, but our electric grid. Joe Biden’s handlers want X% of all vehicles to be electric by X year, which is always an impossibly few years in the future. Gavin Newsom wants…let’s not go there.  Continual exposure to that much crazy is debilitating.

Until recently, American auto manufacturers were politically attuned to the Mummified Meat Puppet Administration’s EV/Climate Crisis goals, but even when one is saving the planet through government mandates and deficit spending, reality inevitably catches up.  Reality in the form of 4000 dealers writing President Biden to tell him they can’t sell or give away the EVs infesting their lots, so perhaps it would be a good idea to please reign in those mandates?

"Another bit of reality is the current average EV sells for $67,000 dollars. When all but a handful of Americans can’t afford an EV even if they want one—and most don’t—EVs aren’t going to sell, which is the dealer’s polite point.

"For decades the Ford F-150 has been America’s best-selling vehicle, so naturally Ford bet its future on the electric F-150 Lightning. Electric vehicles were going to be 40% of Ford’s production in the very near future, and then—gasp—reality struck. Ford admitted losing at least $3.5 billion on EVs in 2023 alone, some $36,000 per vehicle. Ford is cutting Lightning production by half. Ford’s other EV offering, the Mustang Mach-E, has run into a sales brick wall and is plagued by recalls. Ford’s multi-billion-dollar joint battery-building venture with China has also gone the way of the Dodo.

"The Administration allocated $7.5 billion to build 500,000 EV charging stations across America, and in a stunning display of government know-how and efficiency has produced exactly one, in Ohio, which is kind of out of range of most EVs.

"Proterra, the former electric bus company Joe Biden praised as the future, turned out to be the future of bankruptcy, following Solyndra and other green companies in taking untold taxpayer millions with them to the fiscal grave." . . .

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