The ‘battery fairy’ and other delusions in the demand to replace gasoline powered vehicles with electric cars and trucks | WHAT REALLY HAPPENED

The ‘battery fairy’ and other delusions in the demand to replace gasoline powered vehicles with electric cars and trucks

I continue to be amazed that serious people think that gasoline powered vehicles can be completely replaced by electric vehicles in a decade-and-a-half, and that this would be a good thing, even if possible. Under threat of government action, however, the world’s major auto manufacturers are falling in line boosting production of plug-in models, and upstart Tesla Motors is now the world’s most valuable auto manufacture, based on the value of its capital stock issued and in the public’s hands. Mary T. Barra, CEO of General Motors, has pledged to sell only zero emission vehicles by 2035. That would meet the deadline imposed by California Governor Gavin Newsom, who signed an executive order banning the sale of internal combustion vehicles in the nation’s largest car market by 2035.

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