EVs many deficiencies are finally overwhelming the hype. From Doug Casey at internationalman.com:
International Man: Outside of Tesla, fewer and fewer people want electric vehicles (EVs). Other car companies have spent billions producing EVs that buyers don’t trust. Why are they developing products their customers clearly don’t want?
Doug Casey: Perhaps they thought that if Tesla, an undercapitalized start-up run by an eccentric with no auto manufacturing experience, could become a trillion-dollar company, then how hard could it be? They forgot that Tesla is run by a genius who designed an electric car from the ground up with lots of technical innovations. GM, Ford, and the other legacy companies are run by ESG-oriented suits whose first consideration is kowtowing to their HR and compliance departments.
Apple was working on an EV, but they just pulled the plug on it after dropping US $10 billion. Building a good EV isn’t as easy as Elon made it look.
There’s nothing wrong with the concept of electric vehicles. The problem—as with most economic problems in today’s world—is the State. The government has basically decided that fossil fuels are evil, and so are the vehicles that burn them. They hate fossil fuels for all kinds of specious and hysterical reasons that mostly revolve around “saving” the planet. Most of which are nonsensical, at least if you want to have an industrial civilization.
The kind of people who go into government hate cars and the freedom that they give the common man.
That’s why they want to put everybody in 15-minute cities, where you presumably won’t need real cars, just EV golf carts.
The federal government has lots of legal mandates designating what kind of cars manufacturers can and cannot make. Average fleet mileage specifications are a major factor in determining what kind of cars we have. But governments are going farther, essentially trying to ban most conventional ICE (internal combustion engine) cars by 2035 or even 2030. Their mandates against ICEs have skewed production towards electronic vehicles.
Only an arrogant species destined for extinction would have delusions about saving the planet?
Ahh, the issue is never the issue with the comrades.
Power and control is always the issue.
Apparatchiks are enthusiastic about controlling your mobility as there won’t be any personal mobility.
Hive collective uber alles, comrade.