EV promoters could never deliver on their promises. Their grandiose assurances were nothing more than wishful thinking.

There was no market research. Hmm — I wonder why. There were no feasibility studies. Hmm — I wonder why. Did they actually believe everyone would tolerate spending hours to charge their vehicles rather than the minutes they were accustomed to?

Car dealers are resisting further deliveries of EVs because of swelling inventories. Avis and Hertz can’t even get people to rent EVs! Yet, manufacturers are ramping up production just as consumers are balking. Something will have to give, and soon. EV makers and their shareholders will tire of pouring money down a rathole.

(via Lucianne)

[Even the ESG/DEI activists will eventually implode as their performance ends up eroding rather than increasing value. EV activists shouldn’t rely on that for salvation from the inevitable market conclusions about EVs. Those who like them should be able to buy them, of course, but no one should mandate that as the only choice — especially with an electric grid that is already chronically unable to keep up with current demand. — Ed]