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Report: Despite Billions in Government Investments, Electric Vehicles ‘Piling Up on Dealer Lots’
Breitbart ^ | 12/27/2023 | John Binder

Posted on 12/27/2023 2:04:38 PM PST by ChicagoConservative27

Electric Vehicles (EVs) are “piling up on dealer lots” as American consumers continue buying traditional gas-powered cars at faster rates, the Wall Street Journal reports.

According to the Journal, despite major investments from the federal government and automakers into EVs, Americans are not warming to President Joe Biden’s green energy agenda the way the administration and the industry had predicted.

The Journal reports:

As a result, electric cars and trucks are piling up on dealer lots, causing auto companies to reassess their investment plans. It takes a dealership around three weeks longer to sell an EV than a gasoline vehicle, according to data from car-shopping website Edmunds. A year ago, battery-powered models were selling faster than their gasoline counterparts. [Emphasis added]

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: automotive; billions; centralplanning; commandeconomy; dealers; dealership; electric; eletricvehicles; government; investments; nosale
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But the 7,500 tax credit!!! (SARC)
1 posted on 12/27/2023 2:04:38 PM PST by ChicagoConservative27
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To: ChicagoConservative27

Better increase that.


2 posted on 12/27/2023 2:05:54 PM PST by monkeyshine (live and let live is dead)
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To: ChicagoConservative27

But government central planning worked so well for the Soviets and the Soviet Bloc in the 20th Century!


3 posted on 12/27/2023 2:06:32 PM PST by FreedomPoster (Islam delenda est)
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To: ChicagoConservative27

It’s the dogs J.B., they just won’t eat it...


4 posted on 12/27/2023 2:07:34 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: All

My local mall had a tesla inside. Sign on it that said, $7,500 federal tax credit for those who qualify!


5 posted on 12/27/2023 2:08:22 PM PST by ChicagoConservative27
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To: ChicagoConservative27

The more people who buy EVs the less popular they seem to be. Sounds like a product that doesn’t come close to living up to the hype.


6 posted on 12/27/2023 2:09:40 PM PST by Antoninus (Republicans are all honorable men.)
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To: ChicagoConservative27

Isn’t that the whole point?


7 posted on 12/27/2023 2:09:53 PM PST by albie
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To: ChicagoConservative27

Most car companies are losing Tens of thousands of dollars on every vehicle out the door to some idiot customer.

If that isn’t stupid I don’t know what is.


8 posted on 12/27/2023 2:12:34 PM PST by ImJustAnotherOkie
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To: ChicagoConservative27

The Soviet Union died a grim death due to government central planning. Fair warning to the Bidenistas out there, a collapse is coming.


9 posted on 12/27/2023 2:14:07 PM PST by wildcard_redneck (He who sacrifices freedom for security deserves neither.)
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To: All

I see them every day getting lot rot (yes, that’s a thing).


10 posted on 12/27/2023 2:16:58 PM PST by BipolarBob (Yes officer, I saw the speed limit sign. I just didn't see you.)
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To: ChicagoConservative27

EVs......bidens Solyndra


11 posted on 12/27/2023 2:19:31 PM PST by V_TWIN (America...so great even the people that hate it refuse to leave!)
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To: BipolarBob

What is lot rot? Dry rot on the tires takes years.


12 posted on 12/27/2023 2:21:16 PM PST by Blue Highway
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To: ChicagoConservative27

Even if free, I would not have it.


13 posted on 12/27/2023 2:21:20 PM PST by FlyingEagle
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To: ChicagoConservative27

NO ONE WANTS THESE EXPENSIVE POS’s!


14 posted on 12/27/2023 2:23:47 PM PST by vpintheak (Pinko misanthrope)
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To: ChicagoConservative27

$7,500 gifts from us taxpayers to the EV buyers.

I know it’s Christmas but we really shouldn’t have.🎁💰💰


15 posted on 12/27/2023 2:24:09 PM PST by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: ChicagoConservative27

the Biden-Edsel weighs heavily on the shoulders of the taxed population.


16 posted on 12/27/2023 2:25:01 PM PST by Terry L Smith
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To: ChicagoConservative27

Maybe they need to give an ICE vehicle to each EV buyer. Could have a family member or friend drive the ICE vehicle and park it in charger stations ahead of the EV so their trips would be less harried.


17 posted on 12/27/2023 2:25:19 PM PST by RetiredTexasVet (Biden not only suffers fools and criminals, he appoints them to positions of responsibility. )
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To: FlyingEagle

Agreed. The maintenance costs would be more than the car.


18 posted on 12/27/2023 2:25:23 PM PST by silent_jonny (Mene, mene, tekel, upharsin, Joe. The feet are at the door (Acts 5:9) 9-18-21)
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To: vpintheak

Sadly, younger people think it’s the new exciting thing like the first car phones and early video games. When the fad wears off and the costly batteries go dead they will learn it wasn’t.

If Dems win in 2024 we will have to buy EVs or take public transportation-——no choice.


19 posted on 12/27/2023 2:26:04 PM PST by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: frank ballenger

The prostitute politicians here in CA are already looking at ways to stop me from driving my 1969 Chevy Blazer.
These A’holes are gonna force everyone into electric cars.


20 posted on 12/27/2023 2:29:18 PM PST by hillarys cankles
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