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Are Electric Vehicles About To Sweep The Country?
Manhattan Contrarian ^ | 23 Feb, 2023 | Francis Menton

Posted on 02/24/2023 4:19:45 AM PST by MtnClimber

It seems like all the smart people have made up their minds that the future of automobiles belongs to electric vehicles. In August 2022, California, by regulation, adopted a ban on gasoline-powered cars by 2035; and in September 2022, New York promptly followed with its own ban, also by regulation, and also set for 2035. And at the federal level, in 2021 the Biden Administration ordered that all agencies move toward 100% procurement of electric vehicles, also by 2035. Meanwhile, by means of a thicket of regulations — from vehicle mileage standards to pollution caps and more — the administration overtly seeks to force manufacturers to convert their lineups to EVs as fast as possible.

So, are electric vehicles about to sweep the country and become the dominant form of transportation? I bet against it. This is just a specific instance of the general principle that it is always wise to bet against central planning of the economy. EVs may be a successful niche product for a small number of wealthy consumers, but the idea that they will fully replace gasoline powered cars in short order is the dream of central planners, who think they can implement their dream by coercion. Central planning never works, and won’t work this time either. The reason is that the would-be central planners don't know enough, and can’t ever know enough, to put together all the elements to make a fully functioning economic sector.

Mark Tapscott has an interesting piece today at PJ Media titled “Three Huge Reasons Why Electric Vehicles Will Never Dominate American Roads.” Tapscott’s reasons are all good ones, which I would summarize as (1) despite vast government subsidies and rebates, EVs are still far more expensive than gasoline-powered cars, (2) even with greatly increased sales, the existing gasoline-powered cars will not go away and will still be on the road and the dominant vehicles in 2035 and even 2050, and (3) the increased amounts of necessary minerals for the batteries, from lithium to nickel to cobalt, are never going to materialize. Key quote:

[All the] federal tax credits are available to help obscure the fact that EVs remain extremely costly for consumers and offer unproven maintenance and reliability records. No wonder that, despite the immense pressure being put upon consumers to buy EVs, they still only make up about seven percent of all new-vehicle purchases.

Let me generalize from that. The current automotive sector of the economy represents thousands of elements coming together via private markets to satisfy customer demand. Each of the elements falls into place because someone perceives an opportunity to make money by providing that element. As just one example, gas stations don’t exist because the government ordered them up, but because entrepreneurs perceived that they could make money by building the stations and buying the pumps and making gasoline available at that location at a price that would cover all costs and allow for a profit.

Contrast that to what is now supposed to happen for electric vehicles. The government is allegedly going to be paying for some half a million charging stations around the country. Maybe that’s happening, but I don’t notice any of them around where I live. And why does the government have to do this? If the demand were there, entrepreneurs would already be installing the stations. It turns out that the stations are quite expensive to construct (at least the “fast charging” variety), and then you can’t really mark up the electricity that has to be purchased from the local utility. So it has to be done with government subsidy.

And in the next step, the same thing happens with the charging stations that happens with every other government-ordered business: the stations break down, and since no one makes more money to be sure they keep running, they don’t get fixed. Among many, many articles on this subject, here is one from August 2022 at The Verge, headline “Electric vehicle owners are fed up with broken EV chargers and janky software.”

JD Power surveyed 11,554 electric vehicle and plug-in hybrid vehicle owners from January through June 2022 for its second annual Electric Vehicle Experience Public Charging Study. Despite big growth in the number of public EV chargers in the US, EV owners say the overall experience still sucks.

Well, check out the state of elevator operations or plumbing in the New York City Housing Authority projects. This is how socialism works.

Similarly, who has the incentive to be sure that there is sufficient electricity on the grid to recharge all the EVs when the owners want to charge them? In the gas car arena, oil companies make big money by finding and refining and delivering the product to the places where the customer wants to buy it. Over in the EV arena, the same jurisdictions like New York and California that presume to order up an all EV fleet also organize their grid on a central planning/regulated price model. Reliable fossil fuel power plants are ordered to be closed, and replaced with intermittent wind and solar generation. The all-knowing regulators then order that everything shall be electrified, and somewhere the little people are supposed to respond and make it happen, without any appropriate economic incentive. We shall see.

Inside EVs on January 18 reports that EVs had a big increase in sales and market share in the U.S. in 2022, going all the way to a 5.8% market share, after only a 3.1% share in 2021. The article somehow omits to mention how much of the sales increase was driven by the latest rounds of massive government subsidies. I have no doubt that the 5.8% can increase somewhat further over the next few years, particularly as government subsidies turn into a gusher. But ultimately a successful economic sector requires market incentives at all levels of the food chain. EVs don’t have that, and they almost certainly never will — except in the highly unlikely event that consumers suddenly decide that the advantages of EVs are so great that they are willing to pay double and more for a car. I’ll place a solid bet that market penetration of EVs will stall out at a low level well before 2035.


TOPICS: Business/Economy; Science; Society
KEYWORDS: greenenergy
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To: MtnClimber

If electric vehicles sweep the Country,,,,,,blackouts and brownouts will be sweeping the Country at the same time for years to come.


41 posted on 02/24/2023 5:13:22 AM PST by chopperk ( )
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To: MtnClimber

At least Ontario is thinking about this. While the national Canadian govt. is in the hands of Turdough Ontario at least has a RINO equivalent govt. so some rational thought drips down occasionally.

New, large-scale nuclear plants being explored in Ontario to meet energy demands

https://nationalpost.com/news/canada/ontario-explores-possibility-of-new-large-scale-nuclear-plants


42 posted on 02/24/2023 5:19:47 AM PST by xp38
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To: MtnClimber

They can have my V8 when the pry it from my cold dead fingers.


43 posted on 02/24/2023 5:19:57 AM PST by READINABLUESTATE
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To: MtnClimber

It’s not about the environment. It was NEVER about the environment. The forced march to EVs is all about controlling the ability of the proles to move. The Ford Model T liberated the lower classes and made it possible for them to escape their masters and move somewhere else. The short range of EVs and their complete dependency on the government-managed power grid isn’t a flaw, it’s a FEATURE.

Got to make the serfs stay where they are, so that they can be properly managed. It’s for their own good.


44 posted on 02/24/2023 5:21:33 AM PST by Flatus I. Maximus (If Black Lives Matter, how do you explain Chicago?)
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To: MtnClimber

I live near Tallahassee. The government bought the very first electric bus. It hardly ever left the garage. The city bragged it had put in X number of car charging stations. When I visited my auto parts dealer on the far outskirts of Tallahassee, I noticed three charging stations. There are few work possibilities that far out and the people who have electric cars work in the heart of the city. But to take up parking spots in the high parking demand section for electric car charging stations would have been politically dangerous. So here they are on the outskirts of the city. I went into the parts house and asked them if they’d ever seen anyone using the chargers. They said no. Not once. If a private company had built the stations for profit they’d have been located where they demand is. But these were built by the city and placed for political expediency rather than profit.


45 posted on 02/24/2023 5:22:42 AM PST by Gen.Blather (Wait! I said that out loud? )
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To: MtnClimber

Yes... especially Chinese EVs


46 posted on 02/24/2023 5:23:43 AM PST by Theophilus 7
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To: chajin

You win the internet for today


47 posted on 02/24/2023 5:26:08 AM PST by up hermit
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To: GingisK; Chickensoup

Lack of a garage stinks in the Sunbelt because your car gets very, very hot. Which costs plenty of battery power to cool with an EV, reducing range.


48 posted on 02/24/2023 5:26:53 AM PST by FreedomPoster (Islam delenda est)
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To: MtnClimber
In a related story, San Francisco city government officials are trying to figure out how to end their boycott of conservative states without looking like the fools they are. They're admitting the ban adds 10-20% to city contract costs but the truth is also more likely that there are things they simply can't procure because no companies in Democrat states offer them.

https://www.breitbart.com/politics/2023/02/20/san-francisco-reconsiders-boycott-of-conservative-states-adds-10-20-to-costs/

The limitations of electric vehicles will cost those who embrace them dearly.

49 posted on 02/24/2023 5:30:28 AM PST by T.B. Yoits
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To: MtnClimber

EVs are perfect if it’s your third or fourth car in your ten car garage


50 posted on 02/24/2023 5:31:17 AM PST by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: Erik Latranyi
What will kill EVs is the user experience. I say, let people find out for themselves.

I fear a wave of mass adoption, followed by a wave of mass dissatisfaction - followed by government edicts stating Hope and Change has come and ICE vehicles will now be strictly limited and largely unavailable to non-governmental entities and individuals.

51 posted on 02/24/2023 5:34:25 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: MtnClimber

We had charging stations here in Tennessee 10 years ago. They took them out because no one used them and they were taking up good parking spaces.


52 posted on 02/24/2023 5:35:07 AM PST by Baldwin77 (The more corrupt the state, the more numerous the laws. -Tacitus)
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To: RoosterRedux

All of the electrical power consumed in California, all of it, would only apprise 63% of the power needed to charge electric vehicles if all the miles driven in California were electric.


53 posted on 02/24/2023 5:36:22 AM PST by super7man (Madam Defarge, knitting, knitting, always knitting.)
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To: SamAdams76

“They are not ready yet for extensive driving and longer trips.”

-— -— -— -— — -— —

Shhhhhh... I think that’s the plan .


54 posted on 02/24/2023 5:37:51 AM PST by Baldwin77 (The more corrupt the state, the more numerous the laws. -Tacitus)
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To: Baldwin77

Hoodrats will probably vandalize them, anyway.


55 posted on 02/24/2023 5:39:02 AM PST by dfwgator (Endut! Hoch Hech!)
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To: MtnClimber

This article is an example of the arguing with idiots over stupid things things that rational people do more and more every day. This is because the idiots and stupids are in control and acting and winning. This has to stop. At some point adults have to step up. Period.


56 posted on 02/24/2023 5:39:53 AM PST by TalBlack (We have a Christian duty and a patriotic duty. God help us.)
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To: MtnClimber

I don’t know why the powers that be expect us to believe in their EV predictions when the promised chocolate ration increases have yet to materialize.


57 posted on 02/24/2023 5:47:32 AM PST by chrisser (I lost my vaccine card in a tragic boating accident.)
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To: chrisser

I am troubled by the definition of “smart” as applied to the people who have made up their minds that the future of automobiles belongs to electric vehicles. It shall not be, for as long as the stored power is in the form of batteries.

At best, a battery-powered electric vehicle is a niche product, good only for short hops, as running errands, and only while the weather is relatively warm. For long-range travel, there simply is not enough infrastructure to keep them charged on a longer trip, and the time factor figures in here as well.

Now, if the technology to produce and distribute hydrogen fuel cells can be instituted, then the electric vehicle has a MUCH greater chance of widespread adoption.


58 posted on 02/24/2023 5:47:55 AM PST by alloysteel (Never let your sense of morals get in the way of doing what's right. - Isaac Asimov)
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To: alloysteel

All they have to do is jack up the taxes on Gasoline and owning ICE vehicles, to make ICE car ownership prohibitively expensive.


59 posted on 02/24/2023 5:49:47 AM PST by dfwgator (Endut! Hoch Hech!)
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To: MtnClimber
all the smart people have made up their minds that the future of automobiles belongs to electric vehicles

All of the "smart" people aren't actually very smart. "COVID" showed us that.

60 posted on 02/24/2023 5:57:07 AM PST by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
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