If you ask people who invest in the stock market how the economy is doing, they’ll tell you it’s doing great; there’s a similar attitude in the Electric Vehicle market.
If you’re among the wealthy who don’t have to drive to work every day, which, by the way, is becoming more common among Justin Trudeau’s highly paid taxpayer-funded Federal Workforce, the incentives to purchase an EV are in your favor.
However, if you’re like everyone else, EVs are inconvenient. More Canadians are becoming aware of the higher costs of auto insurance, vehicle maintenance, and the resale value of electric vehicles. If you’re among the afluent, these costs are pennies, however if you’re everyone else this additional costs and inconveniences of EVs are drain on your resources.
A Review of Electric Vehicle Consumer Subsidies in Canada | fraserinstitute.org
You also have to factor in that without government subsidies and free POSITIVE promotion, it’s unclear how viable EVs are in the marketplace. We haven’t seen how EVs perform in the marketplace with CORPORATE Welfare.
Trudeau points to ‘slave labor’ in China lithium production | reuters.com
Tesla Inc., to date, has NEVER posted a profit WITHOUT corporate welfare, so the EV market, to date, appears to be beneficial to mostly affluent. Will this TRICKLE down in the future? Hopefully, with innovation, it will, but you have to remember that SLAVE labor is fueling lithium production in China, and even with the benefit of slave labour the Chinese EV market is struggling.
In Canada, there is no EV market without corporate welfare, even Eon Musk, supports a CARBON TAX, because he’s fully aware, this green energy scam can’t compete otherwise, and being that not even Lithium produced by SLAVE LABOR is enough to power our homes or grid to power EV’s, this “green” revolution on paper is one giant SCAM.
EV sales in Canada rose in recent years despite higher interest rates. Why? | ca.news.yahoo.com
EV sales in Canada rose in recent years despite higher interest rates. Why? Higher interest rates have force many Canadians to delay or cancel large purchases.
Interesting times ahead
