The fad and tte scam are failing at the same time. Now the lack of parts for tte EV’s will evoke an issue and drive more buyers away. The entire ev debacle has been very costly - let’s hope the politicians learned a lesson about mandates, subsidies, and utopian dreams. I’m not holding my breath.
Evs are personal, so they're sensitive to lack of consumer demand.
But now the big drain on our economy and state budgets from renewables is inelastic - impersonal, so not directly influenced by consumers. As long as state pols keep pushing wind, solar, and backup batteries, the fiscal bleeding will continue.
Consumers are affected indirectly, though, by higher electric bills, loss of countryside, and less reliable power. They'll figure it out eventually, and also the renewables subsidies will run out soon. Then renewables will suffer the same fate as EVs.
The elites have bought EVs and will most likely continue to buy EVs, mostly as second vehicles, but demand has evaporated as we’re running out of elite buyers, and the common folks cannot afford the MANDATED transition.
Major companies including Ford, GM, Stellantis, and Honda are scaling back EV investments, canceling models, and pivoting back towards hybrids to manage these losses and align with consumer demand.
The fad and tte scam are failing at the same time. Now the lack of parts for tte EV’s will evoke an issue and drive more buyers away. The entire ev debacle has been very costly - let’s hope the politicians learned a lesson about mandates, subsidies, and utopian dreams. I’m not holding my breath.
Evs are personal, so they're sensitive to lack of consumer demand.
But now the big drain on our economy and state budgets from renewables is inelastic - impersonal, so not directly influenced by consumers. As long as state pols keep pushing wind, solar, and backup batteries, the fiscal bleeding will continue.
Consumers are affected indirectly, though, by higher electric bills, loss of countryside, and less reliable power. They'll figure it out eventually, and also the renewables subsidies will run out soon. Then renewables will suffer the same fate as EVs.
Good summary, Robert. People are beginning to realize that the emperor has no clothes.
The elites have bought EVs and will most likely continue to buy EVs, mostly as second vehicles, but demand has evaporated as we’re running out of elite buyers, and the common folks cannot afford the MANDATED transition.
Major companies including Ford, GM, Stellantis, and Honda are scaling back EV investments, canceling models, and pivoting back towards hybrids to manage these losses and align with consumer demand.