Is an electric vehicle collapse inevitable?

American Thinker ^ | 06/16/2024 | Mike McDaniel

[SeekAndFind]

Were one to listen to Transportation Secretary Pete Buttigieg, or Energy Secretary Jennifer Granholm, one might come away with the impression that electric vehicles (EVs) are so popular, the government’s intention of mostly replacing internal combustion engine (ICE) vehicles with EVs by 2030 was a foregone conclusion.

After all, the Mummified Meat Puppet Administration (MMPA) tells us they’ll build a half million fast chargers across America by then to handle the load, and they’ve allocated $7.5 billion we don’t have to that noble endeavor.

Confronting Secretary Pete with the fact that in two years his bureaucracy has managed to build only seven or so—one billion plus per charger!—produces much sputtering and stammering and no answers. As the meme goes, he’s so bad at his job, Americans actually know who the Transportation Secretary is, but more on that later.

Hertz unloading its EV fleet has been much in the news. Americans have a nasty tendency not to buy, or even rent, vehicles they don’t trust and don’t want. And now, even General Motors is beginning to bow to reality:

General Motors is trimming its expected sales and production of all-electric vehicles this year, as U.S. adoption of EVs occurs slower than expected.

GM Chief Financial Officer Paul Jacobson said the company now expects production of its all-electric vehicles to range from 200,000 to 250,000 this year, down from a previously announced range of 200,000 to 300,000. The company has recently said it will produce volume to match demand, which is growing more slowly than had been forecast.

Jacobson thinks EVs make up about 8% of the market, which is less than EV cheerleaders have been claiming, and about the historic average. Don’t trust those numbers. Trust demand:

[Chode]

gas stations never got that handout!

if they are such a money making great idea, WHY aren’t private parties cashing in on the bonanza???

my point is, taxpayers should NOT be on the hook for a fetish...