Business and Economy Politics

Why Electric Cars Will Never Dominate American Roads

The Grind:

Here’s the most important fact about plug-in electric vehicles (EV), courtesy of the liberal content-creators at Wikipedia in the opening sentence of their post on “Government Incentives for Plug-in Electric Vehicles:”

Such incentives “have been established around the world to support policy-driven adoption of plug-in electric vehicles. These incentives mainly take the form of purchase rebates, tax exemptions and tax credits, and additional perks that range from access to bus lanes to waivers on fees (charging, parking, tolls, etc.).”

The Details:

The campaign by the Western elite in the U.S. and Europe to force everybody else to stop driving cars and trucks powered by fossil-fueled internal combustion engines and adopt EVs instead is a product of the elite’s policy choices, not ours.

No matter that hundreds of millions of Americans own and depend upon their cars and trucks to earn their livings, go where they can purchase the basic necessities of life, and visit any place they choose to go to in this vast land.

President Biden has made a regulatory policy decision that half of all vehicles sold in America will be EVs by 2030. He is spending billions of tax dollars to install half a million EV charging stations around the country to serve the anticipated explosion in demand for electric “refills.”

And 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. Read more…

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