Hot Air

EV Market Imploding, So Biden Is About to Mandate Them – HotAir

Story after story has come out about the implosion in the EV market. 

As with many luxury goods, the market can quickly expand and just as quickly top out, as the latent market demand gets filled. This is what happened with electric vehicles, which appeal greatly to a small cross-section of the market, but not so much to the general car buyer. 

Beege has been on this beat and done an outstanding job, so I won’t duplicate her work proving that the market for EVs has slowed dramatically. All you really need to know is that the market is more than saturated and the big automakers are crying uncle, having lost billions trying to fill a demand that only exists in the fevered imaginations of the environmentalists. 

My colleague once removed Stephen Greene wrote an excellent piece over at…

Read more…

Related Posts