Pulling The Plug on Forced Electric Vehicles

In a fervent push towards electric vehicles (EVs), the government's rapid mandates clash with market realities. Toyota's Chairman, Akio Toyoda, advocates for a balanced strategy, emphasizing investments in alternatives like hybrid technology and hydrogen. Concerns arise as substantial funds with ties to the Chinese government pour into EV-related projects.

Despite government incentives, Ford and GM face challenges, scaling back ambitious EV production plans and raising questions about profitability. Tesla reports diminishing margins. Additionally, the lack of financial controls poses risks to taxpayers. This approach, akin to communist-style central planning, jeopardizes America's transportation leadership. It's time for policymakers to reassess investments in unproven technologies for a balanced and informed future.

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