Electric Cars Still “Toys for the Rich”

Electric car deficiencies are major, including high purchase price, short driving range, small carrying capacity, lack of charging stations, long charging times, and expensive battery packs that need to be replaced during the life of the vehicle. __ Source

A Mass Delusion?

In the U.S., we are selling over 17 million cars that run on oil each year and just 200,000 that run on electricity. Electric cars are more expensive, less practical, less reliable, and too reliant on a battery build-out that that we have kept hearing “is right around the corner” for decades – if not centuries. Electric cars, truly are, toys for the rich. “People just don’t want to buy them,” an EPA official says… Tesla lost $675 million in the final quarter of 2017. __ Jude Clemente

The US transportation industry rests squarely upon a massive liquid fuel infrastructure powering countless numbers of internal combustion engines. Electric cars are nice toys for those who can afford the time and hassle of frequent re-charges.

Switching from one giant infrastructure to another giant infrastructure is never easy — and is only worthwhile when the new infrastructure clearly demonstrates substantial superiority over the old. But gasoline and diesel powered automobiles and trucks still drive huge circles around their constantly re-charging electric cousins. Put them both on a 500 mile race like the Daytona or the Indy, and see which crosses the finish line days before the other.

… the mass-media, along with some politicians and business leaders trying to sell a product, continue to claim the imminent death of the oil-powered internal combustion engine, even though we have hundreds of millions of them. While indeed growing in importance, the fact is that electric cars aren’t close to such a takeover. For example, Tesla continues to struggle to build the Model 3 at scale, and the company hasn’t proved itself as a successful car company. And the rest of the electric car builders talk a big game on a battery-powered vehicle revolution but significant sales and actual fleet penetration remain years away. __ Jude Clemente

Wishful thinking drives a great deal of electric car sales — along with virtue signaling. And only the well-off can afford to indulge in those fantasies without paying a huge price.

Electric Cars Worse for the Environment

With some two billion in use today around the world, the future of the internal combustion engine is brighter than most may realize. It’s really why the U.S. Department of Energy sees global oil consumption increasing by over 20% by 2040. In any event, the anti-internal combustion engine environmental groups should know that more electric vehicles will simply mean more electricity, which is overwhelmingly generated by coal and natural gas. And truth be told: “Electric cars may be worse for the environment than gas-powered.” __ Jude Clemente

The technologies that support the production and use of hydrocarbons are improving more quickly than the technologies of electric cars. Electric cars are fueled by coal, as often as not. That information should be pasted across the dashboards of all the electric cars being driven by self-righteous virtue-signaling environmental legends in their own minds. Perhaps it would remind them of the bottom line that they are trying so hard to forget.

Are Governments to Blame?

Over the last decade, world nations established large financial incentives to promote electric vehicle adoption. Australia, China, India, Japan, the US, more than 20 nations in Europe, and others offered tax credits, deductions, and subsidies to consumers and businesses, but electric car growth has been disappointing. Battery electric vehicles comprised only 0.8 percent of the 86 million cars and light trucks sold globally in 2017.

Even this small consumer demand for electric cars is thin. When tax benefits are cut, demand plunges. A reduction in electric car vehicle registration taxes in Hong Kong and Denmark caused demand to drop more than 80 percent in those nations.

With subsidies largely ineffective, governments in Europe now plan to ban internal combustion engine car sales in the name of saving the environment. Bans on the sale of gasoline and diesel cars have now been adopted in France, Germany, Netherlands, and Norway, to begin in 2030 or 2040. California, other locations, and other nations are considering similar bans. __ https://wattsupwiththat.com/2018/08/23/electric-cars-will-any-auto-company-make-money/

Will it eventually be necessary to bring back the guillotine to deal with government functionaries who continue to force citizens to fund these environmentally destructive toys for the rich?

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4 Responses to Electric Cars Still “Toys for the Rich”

  1. Joe Wooten says:

    What is truly amazing is that Musk has so hypnotized investors that Tesla’s market capitalization at one time was higher than GM, when GM made more cars (and profit) than Tesla did. When the Feds finally stop that stupid $7500 per car subsidy, Tesla will go down the dumpster.

  2. Hell_Is_Like_Newark says:

    If oil stays above $80 gas to liquids (GTL) becomes viable. Methane, natural gas liquids, coal, and sewage sludge can be turned into light fuel (Fischer-Tropsh) or gasoline (methanol to gasoline).

  3. Sam J. says:

    Electric cars in the long term provide independence from oligarchies. I’m for them. If batteries come down, and they will, it will kill off the internal combustion engine for most vehicles. If the batteries are cheap then recharging stations could also be cheap.

    Admin: As a new commenter you need to document your claims to establish credibility before being allowed to use profanity and exaggeration. 😉

    Strong recommendation for you to hold some long conversations with people who have been responsible for managing power grids over time or for people who have hands on experience for decades trying to get electric cars competitive.

    Enthusiasm never makes up for cold hard data.

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