I explained how the private sector does not wish to switch to EVs amid high production costs and low demand. A recent Gallup Poll found that Americans do not want to own an EV, and the plans to eliminate fossil fuels do not align with the wishes of the people. Around 7% of respondents, up […]

Martin Armstrong: (8:38) Gold, European Banks, Real Estate, EVs, Marxism

Governments worldwide are pushing for clean energy without a reliable alternative. Electric vehicles (EVs) are sitting stagnant on lots as the demand is simply not there for a variety of obvious reasons. Over 3,000 auto dealers from all 50 states penned a letter to President Joe Biden, explaining that his target of forcing 50% of […]

The Environmental Protection Agency (EPA) is targeting gas vehicles in an attempt to reduce emissions. Their goal is to reduce carbon emissions by 10 billion tons before 2055 to “protect public health.” In turn, 67% of new personal vehicles will be electric by 2032. The average price of an electric vehicle (EV) is $64,338 and […]

As gas prices soar, the plan to switch to electric vehicles (EVs) seems more appealing to the average consumer which is the secret behind the curtain to make gasoline too expensive to use. The US will now require auto manufacturers to meet a fleetwide average of 55 miles per gallon (mpg) by 2026, which is […]

The European Union is far from an actual union. Those at the top in Brussels make the decisions, and everyone is expected to adhere blindly. Viktor Orbán of Hungary has long fallen out of favor with the European Union for opposing the war in Ukraine. August is Hungary’s round to host the next EU summit, […]

Consumers have been reluctant to make the switch to Electric Vehicles, and nearly half who have experienced buyer’s remorse. A new study by McKinsey & Co.’s Mobility Consumer Pulse polled 37,000 EV owners globally, 46% of whom said they are “very likely” to switch back to the combustion engine when purchasing their next vehicle. One […]

Worsening relations with China, the United States just hit China with a new wave of extremely high tariffs. Around $18 billion worth of Chinese goods will be affected, but the White House deems the tariffs necessary to help American industry. Washington wants everyone to drive an electric vehicle, so long as it is not produced […]

The federal US government insists 60% of all new car production must be electric by 2030 – six years away. I have explained numerous times how this is unsustainable for US infrastructure, the private sector, and the average American consumer. Now, 13 Republican-led states are taking the federal government to the US Court of Appeals […]

Governments globally are in a rush to transition away from fossil fuels. The US government threw $7.5 billion at the fabricated problem in 2022 to build a network of  EV charging stations. The Infrastructure Law of November 2021 promised to build half a million charging stations throughout the nation by 2030. So, how is the […]