Despite Billions in Government Investments, Electric Vehicles ‘Piling Up on Dealer Lots’

From Breitbart.com

Electric vehicles (EV) for sale at the Lafontaine Kia dealership in Detroit, Michigan, US, on Thursday, July 13, 2023. Electric vehicle sales growth, while still brisk, has begun to slow in the US as inventory of battery-powered models piles up on dealer lots. Photographer: Matthew Hatcher/Bloomberg

Electric Vehicles (EVs) are “piling up on dealer lots” as American consumers continue buying traditional gas-powered cars at faster rates, the Wall Street Journal reports.

According to the Journal, despite major investments from the federal government and automakers into EVs, Americans are not warming to President Joe Biden’s green energy agenda the way the administration and the industry had predicted.

The Journal reports:

As a result, electric cars and trucks are piling up on dealer lots, causing auto companies to reassess their investment plans. It takes a dealership around three weeks longer to sell an EV than a gasoline vehicle, according to data from car-shopping website Edmunds. A year ago, battery-powered models were selling faster than their gasoline counterparts. [Emphasis added]

Aside from a lack of electric charging stations and consumer nervousness over reliability, the cost of EVs remains a prime reason why Americans are choosing gas-powered cars instead.

Figures published in the Journal show that the average EV cost buyers nearly $52,000 last month, while the average gas-powered car cost less than $45,000. Industry experts said they do not expect EVs to get any cheaper until 2025.

Also an issue for automakers is that EVs are primarily being bought up in only a few states and cities. For example, from July through September, almost 25 percent of all EVs sold were sold in California, and the top four metropolitan areas for EVs were in California.

The Biden administration’s massive taxpayer-funded investments into EVs have yet to come to fruition. For instance, the $7.5 billion allocated to build electric chargers across the United States has yet to produce a single charger.

As Breitbart News recently reported, U.S. car dealers have urged Biden to abandon his EV mandates and carbon emission regulations, which would effectively force all-electric cars on consumers, pointing to a widespread lack of demand among Americans.

Likewise, a Consumer Reports survey reveals that EVs have almost 80 percent more problems than gas-powered cars using traditional combustion engines.

ANOTHER BUST: Seems like all the ‘remedies’ for so-called manmade Climate change are creating manmade economic disasters.

HOW CAN I BE SAVED?

MARANATHA!

 

7 thoughts on “Despite Billions in Government Investments, Electric Vehicles ‘Piling Up on Dealer Lots’

  1. Mark V

    I’m sure they were well aware of that (economic disaster). No electric private yachts, no electric private jets, no electric bullet proof limousines… They want to jack the prices up so nobody drives but the “elite” (the same people who don’t pay their fair share of taxes). Mass public transportation. 15 minute cities…”The thief does not come except to steal, and to kill and to destroy. I have come that they may have life, and that they may have it more abundantly.” Jn. 10:10

  2. Ellen

    so…I remember about 10 years ago some magazine had an article about how they would make the highways and major roads to have an electric charge as your electric car was driving on them so you could charge as you drove and be able to drive long distance. Guess that plan got scrapped.
    Saw a funny cartoon showing a bunch of electric cars in a parking lot getting charged up and then the rain came and the lighting hit.
    It’s really like what Mark stated. Darline, you made me laugh about the Edsel

  3. LV McGraw

    It takes me 10 mins to fill my car at the gas station. Do you think I’m going to take 3 HOURS to charge an electric car when 10 mins will do the same thing for a normal car? Also, what about a single woman alone in a strange place waiting 3 hours for a charge? Or with small children?? To me that is pure craziness!!

      1. Yvonne Knickerbocker

        I think all that may be a big part of the global elites’ reasoning. They don’t believe we non-elites should have the right to own cars, etc, and come & go as we please, when we please and where we please. Pretty sure they’re tryin’ to put a stop to all of our uppity freedom & rights. When all gas powered vehicles are gone, it won’t take many charging station assaults, etc, to cause people to hand it over. And that’s only one example.

  4. I have read that a lot of these cars burst into flames, and when the fire is doused it will start again. Who wants to drive something like that?

    A friend sent me an interesting link last week. It was an article talking about a study that has been done that proves there are more carbon emissions from people breathing than from cars. So now what? Will the government tell us we have to breathe less? Or breathe into some kind of storage tank? I sometimes think that the most educated people who are supposed to be much smarter than the average joe are actually dumber that most of us.

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