Demand for electric vehicles has cratered as people are finally coming to the correct realization that electric cars are not worth buying and the claims about them made by environuts is all a sham.
EV demand has shrunk to a four-year low worldwide as drivers continue turning away from EVs and back toward gas-powered cars.
According to the British Dept. of Transport, only 13 percent of Brits now want to buy an EV, according to The Telegraph.
Market analysts have been warning that EV sales have plateaued and are going down hill at least since June in the U.S. and Europe both.
In July business news site Locate2u noted that EV sales rose 2.6 percent in the first quarter, but then fell 15.2 percent compared to the 4th quarter last year.
At the time, Pew Research ran a poll on EVs and found that only 29 percent of potential car buyers said they would consider an EV. Meanwhile, 57 percent said they would “not at all” consider buying an EV.
A major concern is infrastructure. Few Americans believe that the number of charging stations needed to service EVs will be built anytime soon. 56 percent said that they were not at all confident that the infrastructure problem will be solved any time soon.
One look at the massive waste of tax dollars indulged by Biden should answer that question. Biden has sunk $7.5 BILLION of our tax dollars into his EV infrastructure plan and in four years we’ve gotten a mere eight charging stations built.
I’ll say that again… Biden has built eight charging stations for $7.5 BILLION dollars.
The upshot is, if buying an electric vehicle is a foolish venture.
Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston
