Posted on 07/10/2023 10:41:38 PM PDT by 11th_VA
Joe Biden’s race to embrace electric vehicles risks overwhelming US charging infrastructure and creating disastrous supply shortages, two of the world’s biggest carmakers have said.
Toyota and Vauxhall owner Stellantis accused the President of being “overly optimistic” in his push for a rule that would require two thirds of new vehicle sales to be electric by 2032.
The companies were quick to point out that they support a move to low-emissions vehicles and electric cars in particular but warned that they need customers to buy them and that costs are still too high for the mass market.
The cars typically cost about £10,000 more than comparable petrol-burning versions, with many drivers able to recoup the difference through cheaper charging over the life of the vehicle.
Toyota warned the US Environmental Protection Agency (EPA) that there would also be a rush to secure lithium and other minerals needed to make battery-powered cars if the plans went ahead.
Toyota said: “The proposed rule underestimates key challenges including the scarcity of minerals to make batteries, the fact that these minerals are not mined or refined in the US, the inadequate infrastructure, and the high cost of [battery electric vehicles].”
Stellantis, which owns Vauchall, Fiat and Chrysler among other brands, said: “The proposed rule significantly underestimates the actions needed to build the targeted EV market…
(Excerpt) Read more at finance.yahoo.com ...
Captain Obvious,.....All a Blackrock/ Brian Deese scheme to the benefit of China and the demise of America.
Yeah, it’s supposed to be a failure and render we mere citizens immobile and dependent on public transportation. I can’t believe the cultist on the Left can’t see it. It’s in broad daylight at this point.
Build Back Better means destroying first.
“Biden’s electric vehicle push is doomed to failure, warn carmakers”
Depends on one’s definition of ‘failure’...
All democrat ideas are doomed to failure, but they never really care about the disastrous consequences of their ideas and actions. Hurt or kill people? Cost people more money? Strip people of their freedoms? Find someone who cares. They dont.
Wrong.
It will do exactly what the WEF and Biden want.
It will force millions of low income Americans to use public transportation!
evs are not the goal
the goal is to ban gas cars
and force most onto public transportation
the goal is to get rid of private transportation
the evs are a ruse
the tyrannical left appreciates your help
They are a good idea in Florida. The battery is more efficient, and you don’t use the heater. The heater is the biggest drain. If you get one of these in the north, you’ll see the range go down the tubes. Delivering energy to a vehicle over wires instead of truck deliveries is efficiency. No more transmissions, leaking oil, antifreeze, rusted out mufflers. These cars are selling to some people for very good reasons.
Mentioning “push” and EVs in the headline is prescient.
Time is not nearly ready for EVs regardless how much of our economy and money traitor Biden throws at making China stronger and wealthier.
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