2019 saw FORTY-FIVE (45) new models of electric vehicles hitting the global markets. Automakers like Hundai, Audi, and Jaguar are literally betting their futures on such vehicle sales, spending hundreds of millions of dollars to design, manufacture and promote the electric vehicles.
A number of governments in Europe have actually passed laws BANNING fossil-fuel-powered cars by fast-approaching years. Several state legislatures in the U.S. have considered bills which would mandate that all vehicles be electric by 2050 or sooner.
Government even provides the “fuel” for such vehicles FOR FREE almost everywhere, building and subsidizing charging stations in every state.
Hundreds of millions of dollars in government subsidies have sought to prod the shift to electric vehicles. Yet sales of electric cars FELL SEVEN PERCENT in 2019.