Posted on 03/28/2023 4:18:32 PM PDT by artichokegrower
Seven months after President Joe Biden signed the Inflation Reduction Act into law, the magnitude of the challenge it will be for the US to loosen China’s grip on the electric vehicle supply chain — a key objective of the legislation — is coming into sharper relief.
(Excerpt) Read more at gcaptain.com ...
Tesla is expecting the base version of its cheapest car, the Model 3, to lose the entirety of the $7,500 tax credit it’s been eligible for because its cells come from China
The group — which goes by SAFE, standing for Securing America’s Future Energy — argues that China has been winning out in part because of failures to account for the toll that the extraction and processing of critical minerals including lithium, nickel and cobalt are taking on workers and the environment, often in lower-income countries.
For examples, SAFE points to how China pulled far ahead of the US in producing the rare earths used in EV motors,
The US was the top producer of rare earth elements in the 1990s, until Chinese suppliers flooded the market with lower-cost supply.
The whole electric vehicle industry is controlled by China. Biden and Newsome are at China's control.
No one wants evs
When they tax gasoline and ICE vehicles out of reach for most middle class people, they will embrace EVs.
Ford set to report losses on EVs. Awwww!
you would get better mileage with a bicyle, they go further with leg power.
Drill Brandon, drill.
Ugh look what these climate hucksters have done to us.
Ugh look what these climate hucksters have done to us.
J Effin K said today that new Executive Orders are in the works to fix the climate. I suspect they will tax or outright outlaw gasoline and ICE cars. What you suggested is in the works. Thank you, 81 million.
THAT is worth repeating.......
This whole climate scam is the New World Order (and their $$$$$ invested) that CAUSED the anti-fossil fuel (eliminate competition) laws to be implemented, by stealing the 2020 Election (and 2022), strategically.
The technology for EV's is not here yet for mass production in total, and, with the imports of EVERYTHING from China coming through the CA ports with no diesel-fueled trucks allowed, will in NO WAY allow for necessary imports to develop enough EV's. We are headed for horse-and-buggy transportation, in the VERY near future, coupled with dumping taxpayer money to subsidize an economically-non-competitive product. Without taxpayer subsidies, the climate hoax collapses under its own weight.
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