The rush to electric vehicles: A disaster for consumers?

[Elderberry]

Cfact by  Duggan Flanakin February 12th, 2020

According to a recent report in Forbes, Tesla’s stock market value is already bigger than Ford and General Motors combined, and Elon Musk, whose company as of 2015 had already received nearly $5 billion in federal subsidies, now has a net worth of about $31 billion. Whoever said government cannot make anyone rich?

But hold on. An ascendant Bernie Sanders, who claims to be no friend of billionaires,* has called for a massive expansion of government-run electricity production. [*Sanders is, after all, running against a multiple billionaires, including 23 contributors to Mayor Pete’s campaign.]

Sanders and many other politicos have championed a multi-state effort to end the sale of vehicles with internal combustion (IC) engines, as have many European nations. Other related goals are phasing out the use of coal, oil, and natural gas for both heating and electric power generation.

As Politico reports, a major part of Sanders’ $16 trillion Greener New Deal allocates massive new funding for the four existing “power marketing administrations” that are overseen by the Department of Energy, the Tennessee Valley Authority, and a new federal agency. The money would go to vastly expand their solar, wind, and even geothermal power production.

More: https://www.cfact.org/2020/02/12/the-rush-to-electric-vehicles-a-disaster-for-consumers/#34890acb1316

[Smokin Joe]

Only for the taxpayers buying and subsidizing them. Consumers have ever had the option to just say "no".

[Elderberry]

As long as our tax dollars aren't spent in federal subsidies for these elektrikal vehikles.

[Bigun]

Only for the taxpayers buying and subsidizing them. Consumers have ever had the option to just say "no".

Yep!  Couldn't have said it better myself!

[GtHawk]

As long as our tax dollars aren't spent in federal subsidies for these elektrikal vehikles.

Or for them getting prime parking spaces for their charging.

[IsailedawayfromFR]

Here's an example of the idiocy EVs get into in Australia.

No electric charging stations nearby?  A portable diesel power generator will do the trick.

OK to you?  Think about it.

Get an EV to not 'pollute the environment', then setup a diesel power generating station to make electricity to put in the EV so you wind up 'polluting the environment' anyway.

Why not just get a highly efficient combustion engine vehicle and use diesel in the first place?

To use EVs is insanity.

[Smokin Joe]

Here's an example of the idiocy EVs get into in Australia.

No electric charging stations nearby?  A portable diesel power generator will do the trick.

OK to you?  Think about it.

Get an EV to not 'pollute the environment', then setup a diesel power generating station to make electricity to put in the EV so you wind up 'polluting the environment' anyway.

Why not just get a highly efficient combustion engine vehicle and use diesel in the first place?

To use EVs is insanity.

Yep! @thackney probably could tell us roughly what the loss is in that system, too, when the diesel could have been used directly instead.