About That Inevitable Transition to Electric Vehicles...

 Stephen Green – PJ Media

"Markets work when we let them, and sometimes even when we try very hard not to."

"A funny thing happened on the way to our all-electric future: reality.

"I've written at length in recent weeks about Presidentish Joe Biden's hamfisted and wrongheaded EPA rules meant to force everybody into electric vehicles, whether EVs suit their needs or not. But maybe nothing compares to Oliver Price's headline on Wednesday, asking, "Is this the end of the EV?"

"Well, no. But we're still far, far away from the end of dino-burning engines — and likely to stay that way for far longer than the grifters in the EV industry and the autocrats in Washington (and several states, too) would have you believe. 

"After reading tens of thousands of words about our "necessary transition" to EVs and writing a few thousand of my own, I thought maybe I'd do some even deeper digging. Turns out, I was shocked by what I found.

"In a good way. 

"That Price headline I mentioned above goes on a bit longer. The rest of it reads, "As Tesla and BYD's car sales plummet and Apple pulls the plug on its e-car project, has the boom in electric vehicles finally short-circuited?" 

"But there's a big difference between "slower growth," which is where EV sales have been for the last year or so, and "the end of the EV," which seems unlikely in the extreme. 

"So what is the truth? What happens to EV sales in a market as big and as varied as the United States, with our widely different needs and wants, complicated by various federal and state mandates and incentives?

"Would you believe that, even with Presidentish Joe Biden's Green New Deal Lite money and EPA mandates, EV adoption might top out at less than 30% of the new car market? Or that it could be as low as just 13%?" . . .