https://issuesinsights.com/2021/05/07/automakers-cave-to-bidens-electric-car-dreams-and-ignore-their-own-customers/
When President Joe Biden declared that he wants all cars sold to be “zero-emission” by 2035, carmakers didn’t raise a peep of protest. Worse, they are starting to fall in line with promises to go all-electric, even though the vast majority of consumers don’t want these cars.
General Motors made a big splash earlier this year when it promised to sell only electric cars by 2035.
“General Motors is joining governments and companies around the globe working to establish a safer, greener and better world,” CEO Mary Barra said days after Biden was sworn in. “We encourage others to follow suit.”
Honda later announced plans to make only battery-powered cars by 2040. Volvo said it will go all-electric by 2030. Ford said in February that it would invest at least $22 billion worldwide in the next few years to build electric vehicles.
These announcements were all greeted with Hosannas from the left (even though the overall environmental benefits of “zero-emission” cars is far from clear). But there’s one thing missing from all this cheering. The consumer.
These companies are throwing billions of dollars into researching and developing a product that consumers overwhelmingly reject.
Despite massive taxpayer rebates to electric car buyers, a multitude of subsidized recharging stations, and the constant talk about how electric automobiles will save the planet, sales of plug-ins accounted for a tiny 2% of all cars sold in the U.S. last year. Domestic sales of Chevy’s gas-guzzling Silverado pickups alone last year doubled the combined sales of electric cars from all makers.