It is time to revisit why EVs are not the answer. Over the years many articles have focused on EVs being over-hyped as an answer to our transportation needs. Many are tied to the inability of EVs to solve our environmental problems. In fact, these vehicles have the potential to cause more harm to the environment than good. Edicts from above tend to be skewed by bias rather than common sense. Consider that EVs may not be the answer to a more sustainable world.
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| High Insurance Costs And Other Factors Are Surfacing To Slow Sales |
Governments pushed by possibly misdirected environmental zealots have been fostering mandates upon their citizens removing the the freedom of consumers to choose the kind of automobile they want to buy. This, top-down decision-making by flawed politicians and their powerful friends in business often fails to produce good results. The sad reality is that many of our preferences as a society are not organic or even the best choice when put under a microscope. This brings forth the question of whether it is wise for those in power to push EV demand and the use of subsidies to push forward questionable agendas.
What type of vehicles we choose to drive should be governed by logic and choice. The idea Electric vehicles are less damaging to the environment has been broadly accepted by many people as fact. The notion EVs are good for the planet is a key factor for many of those deciding to buy an electric car. This idea or myth has been debunked by many people knowledgeable on the subject. In a very insightful video titled "Mandates vs. Freedom" Mark Mills argues the switch to EVs will not happen as some people think and that it shouldn't. This video is well worth the time to watch.
Many articles have been written pointing out that EVs are far from environmentally friendly and that a rapid shift to them is a wasteful use of current resources, Mills strongly supports this viewpoint. A far better choice is making internal combustion engines and vehicles better. This extends into removing government mileage restrictions that have resulted in American automakers and others flooding the market with huge SUVs and four-door pick-up trucks to sidestep the auto mileage requirements placed on cars.
Then, there is the hard-to-ignore possibility that those shaping the world that we live in are busy creating a world they want to live in as elites and put the masses in a subservient position. They are often referred to as the Davos crowd or WEF. Their message, "You Will Own Nothing And Be Happy" does not resonate with everyone. Pushing EVs down our throats and self-driving cars that can be directed from above could be considered a part of this agenda.
To most Americans who have grown up with an automobile, the idea may sound foreign or strange but within a few years, only a small percentage of us may be allowed to own or operate a vehicle. I'm not predicting this will happen overnight but this is likely to unfold over several years as big tech slowly tightens the screw and asserts more control over our lives.
Across the world, the failure of governments to produce efficient transportation systems is evident. This is apparent by money-bleeding public bus transport in many areas. Something
is very wrong with governments that create expensive public bus
systems that carry few riders and simply shift around
empty buses. The numbers on my city's bus company's website reveal just
how badly it spends our money. The numbers are ugly and they exist mostly because the average taxpayer does not pay any attention to the costs of these systems.
No article on EVs would be complete without mentioning China which is pushing to become the automaker of the world, this is a game changer. Automobiles are one of the largest and most expensive items that consumers purchase. China's goal translates into putting all competitors in other countries out of business with super-cheap EVs. China's system of state-controlled markets and subsidies has a strong advantage over market-driven capitalism in the short term.
Subsidies are more direct and worse than creating incentives or giving encouragement. Subsidies are a transfer of wealth. Without a doubt, many "false booms" are the result of scams created through subsidies. While it could be argued subsidies have moved the production and innovation in the EV industry forward, it brings up other issues. A huge question is whether this has created a situation where other governments have strayed down the same wrong path in an effort to spur growth. The current housing crises and ghost cities in China stand as a monument to misdirected capital, the squandering of assets, corruption, and government stupidity.
Several news agencies have reported that masses of unsold Chinese EVs are piling up and blocking European Ports. Interestingly the timing of this coincides with an announcement by Tesla that sparked another rally in its stock. With enthusiasm for EVs on the wane, Tesla's soaring stock price may have more to do with Elon Musk's image boost due to his association with President Trump than its prospects. It should also be noted that, for now, the Chinese EV sector wants and needs Tesla to generate the hope that the U.S. and China can work together in the EV space.
Footnote; Below are links to several past AdvancingTime articles that you might find interesting.
(Republishing this article is permitted with reference to Bruce Wilds/AdvancingTime Blog)
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