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WILL ELECTRIC PICKUP TRUCKS SELL? President Joe Biden’s hopes for a green auto market depend on it. He is traveling tomorrow to a Detroit factory that will manufacture the electric Ford-150, which the carmaker will officially introduce on Wednesday night. His visit comes as EVs still represent only 2% of auto sales. But could electric pickups be the accelerant the market needs?
A whopping 2.9 million pickups were sold in the U.S. last year, making up roughly 20% of the entire auto market, according to Cox Automotive.
By iHeartMedia s Corey Olson
May 3, 2021
The green movement is pushing electric cars as the key to saving the environment, and they really want to get Americans into these cars. The federal government is offering tax incentives for electric car purchases, two states California and Washington are moving to mandate all new cars be electric within 15 years, and the Paris Climate Accords would require 90% of U.S. cars be electric by 2050. Even iconic Matchbox cars are releasing a toy electric car set.
However, this full-court press on electric cars leaves out some inconvenient truths, like what to do with all those dead lithium-ion batteries in 10-15 years. They contain hazardous materials and can t just be thrown away.
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Gas prices have skyrocketed over the past few months and are likely to stay at those new levels or inch higher as summer approaches.
While almost every aspect of emerging from the state-endorsed COVID-19 restrictions has been positive, prices consumers pay at the pump have maintained a steady upward trajectory since November, only flattening out to about $2.90 per gallon on average in the past month or so.
Many people wonder why and how the price changed so quickly from its recent low of just $1.94 in April of last year. They are also trying to assign blame is it former President Donald Trump’s fault? Is it President Joe Biden’s fault? For the truth, one needn t look further than the mirror.
Countries with less intrusive governments and freer economies are significantly more likely to have better environmental health, according to a study released Tuesday that challenges President Biden's premise that more federal mandates and strict emissions targets are the solutions to climate change.