by Leslie Eastman at legalinsurrection.com
The market for electric vehicles isn’t as robust as climate cultists and their media minions would have Americans believe.
A few weeks ago, I reported that car dealerships across the country were begging Biden to use his pen-and-phone to rescind the mandate to end unrealistic EV mandates that have sprung up in blue states.
In another article, I noted Congress budgeted $7.5 billion to build tens of thousands of electric vehicle chargers across the country, and none had yet been built. Since then, one tax-payer funded EV charging station was built. In London, Ohio, and apparently, no one is using it.
There are even more signs that the American public is pushing back against this net-zero nonsense.
General Motors is relearning an important lesson in capitalism: Smart businesses don’t sell things customers aren’t buying.
General Motors bought out roughly half of Buick dealers across the U.S. due to their reluctance to sell electric vehicles as the automaker looks to transition to EVs.
About half of GM’s 2,000 Buick dealers accepted the voluntary buyout. The program remains open so additional dealers may opt to take the buyout instead of making the EV-related investments that GM required for them to continue selling Buicks, as GM is planning for the brand’s vehicles to be 100% electric by 2030.