A funny thing happened on the way to electric vehicles becoming all the new rage: It turns out that EVs are not becoming all the new rage. Not even close. That fact appears to be very difficult for CNN — the quasi-official Democrat media — to grasp, as evidenced by a Monday article by a senior CNN Business writer.
Peter Valdes-Dapena twisted himself into an oxymoronic pretzel with mutually exclusive arguments:
First, EV manufacturers are slashing prices and cutting back on production. Second, the American market for EVs is not collapsing. Check it out:
Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, possibly taking a step back from GM’s earlier commitment to shifting straight to pure EVs.
And now the EPA is considering…
