The bad news keeps piling up with no end in sight for Democrats’ environmental extremist agenda.
Now their plan to force Americans to buy electric vehicles (EVs) is running off the road.
And this auto executive uttered two words about electric vehicles that left Joe Biden fuming.
Veteran automotive executive breaks down the failure of Biden’s electric vehicle mandates
Bob Lutz served as a top executive at all of Detroit’s Big 3 automakers – Ford, General Motors, and Chrysler – during his more than 60 years in the auto industry.
He recently explained to Fox News why President Joe Biden’s big electric vehicle (EV) push has been a flop with consumers.
Biden poured more than $100 billion in taxpayer funds into subsidies for automakers and tax credits for buyers to boost EVs, but consumer demand is collapsing.
According to data from Experian, a little over one percent of all vehicles registered in the country at the end of last year were electric.
“The idea of EVs, gradually, adoption over time, with ever longer battery range, ever quicker recharge time, so that over the next couple of decades, EVs take a bigger and bigger slice of the pie, that’s fine,” Lutz explained. “But trying to get it done overnight was a colossal mistake, and it just plain is not going to work.”
He said that with the current technology for electric vehicles, the minuses outweigh the pluses.
“We’ve had 125 years to perfect the internal combustion engine, and we’ve had roughly 15 years so far on doing modern electric vehicles with modern batteries,” Lutz said. “Electric vehicles are fun, they drive well, they’re silent, they’re fast.”
The Texas Public Policy Foundation released a study that revealed that the real cost of electric vehicles is hidden because of the enormous taxpayer-funded subsidies Biden slapped on them.
Without the Biden regime’s taxpayer-funded price manipulation, the cost per EV could be more than $10,000 higher.
And EVs currently lack a nationwide network of public charging stations that rivals the amount of gas stations on the road.
Biden’s 2021 bipartisan infrastructure bill doled out $7.5 billion in taxpayer funds to build new public charging stations with a goal of creating a national network of 500,000 by 2030.
More than two years after the bill was passed, only eight charging stations have been built.
The tide is turning against electric vehicles in the auto industry
“Tesla and many other electric vehicles nowadays, as far as design, road behavior, and so forth, there is nothing wrong with it. It’s just that the American public is stubborn, and they happen to like gasoline engines,” Lutz said. “It’s just a question of convenience and infrastructure.”
Toyota’s CEO Akio Toyoda was pushed out after he gave an interview to the Wall Street Journal last year that cast doubt on the automotive industry’s race to end the production of gasoline-powered vehicles.
“Turns out he was right,” Lutz said. “So all we’re seeing is that everybody is pulling back on their EV programs. And both Jim Farley of Ford and I believe Mary Barra of General Motors have said: we have to admit, we were all consumed in this wave of EV euphoria, and we all thought it was going to happen much faster than it actually did.”
Ford and General Motors have scaled back their EV goals after suffering massive losses.
Joe Biden’s electric vehicle mandates were always an environmental extremist pipedream.
