EV PLANS DUMPED BECAUSE PEOPLE DON'T WANT ELECTRIC CARS

EV Channels Review

John Cadogan delivers a scathing critique of the automotive industry's aggressive push towards electrification, arguing that car manufacturers have prioritized government and green lobby agendas over genuine consumer demand. He highlights major automakers like Volvo, Toyota, Ford, GM, Porsche, and BYD (implied by 'three prong') who are significantly scaling back or delaying their EV production targets. Cadogan points to several key reasons for this market correction: the high cost of EVs, inadequate charging infrastructure, limited range for long trips, and exorbitant insurance and repair costs, leading to steep depreciation. He contends that most consumers remain content with internal combustion engines, occasionally supplemented by hybrid technology. The review suggests that the EV market is nearing saturation with "crusaders" and that appealing to the "normal car buyer" is proving far more challenging than anticipated due to these practical and financial drawbacks.