ECONOMICS: Are EVs the modern day Edsel?

https://www.ericpetersautos.com/2023/12/17/one-third-as-far/

One Third as Far
By Eric – December 17, 2023

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But the answer – after much study – probably has to do with people not wanting to buy used devices that don’t go very far and take very long to get going again. Particularly because the batteries that power these devices are used. And used batteries hold less charge – on their way to holding none. Rendering the device incapable of going at all. And the cost of replacing that battery with a new one to power the inert device is not “rather competitive.”

Scientific Americans says “The impact of the used EV market can’t be understated.” And that’s certainly true – as used and unwanted and so unsellable battery powered devices with wilting batteries accumulate and languish on used car lots all around the country – alongside the brand-new EVs that are accumulating and languishing on dealership lots all around the country.

Scientific American says nothing about the potential “impact” of this on the car industry. Or on the economy – that is to say, on all the people whose livelihoods depend in one way or another on the manufacture and sale of cars – after the car industry collapses as a result of being pushed, Soviet-style, to build as many battery-powered devices as can be shipped (but not sold) as the factories can churn out.

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Doesn’t make “economic” sense.  These “cars” are an ecological disaster when they are made, when they are used, and finally when they are junked.  I watch them on the road and they are “virtue signals” until they have to be plugged in.  Every once in a while, I see one with a dent and wonder when is it going to ignite.

Argh!

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