Posted on 02/15/2023 8:21:41 AM PST by SeekAndFind
How many times have you heard a politician crow that the push for electric vehicles will create jobs? To hear the left (and some on the right) talk, not only will electric cars save the planet, but they’ll put a chicken in every pot and a charging station in every garage.
“The President’s economic plan has generated an American, electric vehicle (EV) manufacturing boom that is creating new economic opportunity and tens of thousands of good-paying and union jobs across the country,” the White House said in a statement in Sept. 2022.
One month later, the White House bragged that its massive emphasis on EVs “will improve America’s energy independence, strengthen national security, support good-paying jobs across battery supply chains, and lower costs for working families.”
Plug-in America reported in 2022 that “This transition has the potential to add jobs, stimulate local economies, and drive innovation in a segment previously at risk of stagnation, making EVs a win-win-win for consumers, the economy, and our planet.”
The think tank Economic Policy Institute said in a 2021 report that if EVs “rise to 50% of domestic auto sales by 2030, 150,000 jobs in the auto industry could be created with policy measures to shore up U.S. market share and domestic content in BEV production.” That’s a big “if,” and the report goes on to say that this job creation hinges on the manufacturing of vehicles, batteries, and other parts taking place in the United States.
That’s all well and good, but how does what Ford is doing in Europe, where the EV push is even stronger, bode for our automotive industry?
(Excerpt) Read more at pjmedia.com ...
“The reductions amount to about 11 percent of the automaker’s European workforce, with Germany and the UK hardest hit,” the report continues.
Ford will continue to retain 3,400 employees, but the cuts have come because the auto giant is relying on American technology and adapting it to the European market.
“There is significantly less work to be done on drivetrains moving out of combustion engines. We are moving into a world with fewer global platforms where less engineering work is necessary. This is why we have to make the adjustments,” Martin Sander, a Ford executive in Europe, said.
One of the factors that play into the switch to EVs and whether that switch will actually create jobs is that EV manufacturing is somewhat less labor-intensive.
Now if the DOD could do the same.
These car companies are committing economic suicide. But they’ll find out soon enough.
I predict that the biggest automaker with the most sales in the future, will be the one that continues to make fossil-fuel (internal combustion engine) cars.
A new industry will evolve to solve the EV problems for which there is no cure today, and that is, how to put our the fires from EV batteries. It seems that EVs are just being left to burn completely since their fires are difficult to contain or put out.
As long as Democrats are in office, these companies will get "green grants" as a form of a bailout.
“These car companies are committing economic suicide. But they’ll find out soon enough.”
***
Yes they will.
American automakers even stopped making sedans.
We bought a Subaru sedan last year, and we like it.
I’d be fine with all of this if it was market driven and not driven by idiotic governments due to a fictional problem.
RE: I predict that the biggest automaker with the most sales in the future, will be the one that continues to make fossil-fuel (internal combustion engine) cars.
I’m not sure if we can find one company that does that IN the USA. Toyota is probably the only one left resisting the push, but they’re producing HYBRIDS.
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