I read an interesting article on EVs this morning. I'm copying a few tidbits below.
"The green "revolution" is an elite-driven, top-down technocratic project...it's increasingly clear that the only reason giant rent-seeking carmakers are so heavily invested in EV development is that government is promising to artificially limit the production of gas-powered cars.
In today's real-world economy, Ford projects it's going to lose
$3 billion on electric vehicles in 2023, bringing its EV losses to $5.1 billion over two years. In 2021, Ford reportedly lost
$34,000 on every EV it made. This year, it was losing more than
$58,000 on every EV.
Last week, the U.S. Energy Department lent Ford — again, a company that loses tens of thousands of dollars on every EV it sells — another
$9.2 billion in taxpayer dollars for a South Korean battery project.
A recent University of California at Berkeley study
found that 90% of tax credits for EVs go to people in the top income strata.
the fact is that if EVs were more efficient and saved us money, as enviros and politicians claim, consumers wouldn't have to be compelled into using them and companies wouldn't have to be bribed into producing them."
https://jewishworldreview.com/0723/harsani071423.php3