Tuesday, March 28, 2023

Electric Cars Are Bankrupting the Auto Industry. Only a government ban on cars can save them.

 Ford's investment in Rivian's electric cars can't be helping.

Ford plans to make 2 million electric cars every year by 2025.

If you want to buy a new car in California, it's electric cars or it's nothing.

California's mandates that fined car manufacturers, forcing them to buy credits from electric car makers like Tesla, financed the electric car industry.

George Soros has reportedly lost over $1 billion with his Rivian investment, and his other electric car investments may seem shaky, but in the long term the leftist politicians he has backed are expected to eliminate the competition and clear cars off the roads and highways.

Detroit has failed to innovate and electric car theater is no substitute for actually doing the work to make the cars that people want rather than the ones ad agencies try to make them want.

If electric vehicles were legitimately popular, it wouldn't take a ban on cars to make them economically viable.

https://www.frontpagemag.com/electric-cars-are-bankrupting-the-auto-industry/

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