Time to Unplug the Electric Car Scam

Most of us have gone car shopping at some point in our lives. If you’ve done it recently, you might have suffered sticker shock. 

I drive a Nissan Rogue and I love it. But if I could purchase a Mercedes Benz or BMW for the same price, I would likely not be driving my Rogue. If I could buy whatever car I wanted and somebody else pay the difference, I’d take that deal.

Now I have no problem with anyone purchasing whatever car they wish to drive. I have a problem with subsidizing the cost by the taxpayers. That’s what’s going on with electric vehicles. The only way to sell them is for the government to subsidize the cost.

The electric vehicles are way too costly for my taste. Even with the subsidies being offered, the price tag is still hefty. Government is so determined to force everyone into these vehicles, the subsidies may grow through time. Voila, then more people might be in the market.

A recent Wall Street Journal article pointed out that the arctic blast that hit the northeast has been a brutal reminder of the inefficiency of these vehicles. During cold weather, there is reduced battery performance. Many owners have found themselves stranded in cold weather.

A spokesperson for an EV manufacturer said, “Of course, affordability is key. The feedback from the consumer is loud and clear: ‘As soon as you do not fix the affordability issue by giving me a significant subsidy….. then I stop buying.’”

Many on the left tend to think that those of us who are skeptical of EVs, are not especially bright. But how is making a product that already exists, more expensive and less efficient a step in the right direction.

Shortly after President Biden took office, he signed an executive order to target that half of all vehicles sold in 2030 be zero emission. California, of course, had to one up ‘em. They claim they are banning all combustion engine cars in ten years. Bidens’ executive order handed over $50 billion to the electric vehicle industry.
California had to warn people during last summer’s heat wave to avoid charging their cars. What would happen if all the cars in the state were electric as they plan?

Car manufacturers have reacted to the threats by ramping up production for electric vehicles. Now some should be second guessing the decisions that they made earlier.

Ford has lost $5.1 billion on EVs in two years. Ford lost $34,000 in 2021 on every EV they made. Last year they lost more than $58,000 on every EV. With these kinds of losses, how long do you think it will be before we must do another bailout?

Volvo has admitted that the carbon footprint for the manufacturing of its C40 Recharge electric car is 70 percent higher than its comparable internal combustion version of the car. This is according to Steven Hayward writing for The Pipeline. Now how is that good for the environment?

A study from consulting firm Anderson Economic Group found that “Typical mid-priced ICE, internal combustion engine, car drivers paid $11.29 to fuel their vehicles for 100 miles of driving. That cost was around $0.31 cheaper than the amount paid by mid-priced EV drivers mostly charging at home, and over $3.00 less than the cost borne by comparable EV drivers charging commercially.

Environmentalists want electric cars to help save the planet. But this is not innovation. In a truly free market, EVs would have already gone by the wayside. 

You must know that an idea this dumb has to be involved with the government.