Free market wins: Subsidies end, and electric vehicle sales collapse (after billions stolen by governments were wasted)

Posted by freedomforall 2 years, 2 months ago to Politics
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Excerpt:
"The magic of the free market was suddenly applied to EV sales last month. Tax credits and subsidies for electric cars in the EU and China ended on January 1, and sales promptly halved.

EV Sales Jan 2023

So half the entire EV market apparently only existed because governments took money from poor people to help rich people buy EV’s. Everyone wants nice weather in 100 years, but no one wants to pay for it."
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Nice weather?
BS.


All Comments

  • Posted by $ BobCat 2 years, 2 months ago
    Just like every other govt subsidized industry (very much akin so socialism), it only appears to work up until it runs out of other people’s money....
    Reply | Permalink  
  • Posted by mhubb 2 years, 2 months ago
    a car dealer in Salem NH has a sign in their add
    "we can help you stay carbon neutral"

    as if carbon is an issue
    and electricity comes from nowhere, we all well know that the majority of electricity come from power plants burning something
    Reply | Permalink  

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