The Biden regime is on a mission to scrap every gas-powered car and replace them all with expensive inefficient electric vehicles.
The motivation behind the obsession comes from a combination of Democrats’ desire to control Americans’ lives and appease environmental extremists particularly those who vote.
But now Joe Biden is fit to be tied after General Motors just threw a wrench in the President’s extremist plans.
Biden’s war on gas-powered cars
The Biden regime is spending billions of taxpayer dollars to replace the gas-powered automobiles Americans love with the electric vehicles (EVs) that are now starting to collect dust on showroom floors.
For example, The Washington Post reported last month that $7.5 billion in taxpayer money has been spent to build a mere seven EV charging stations in four states.
Compare that to the estimated $2 million in start-up expenses for a new gas station, according to numbers from Exceed Insurance.
It doesn’t matter that American workers are struggling to afford housing, buy food for the family table or fill up their gas tanks thanks to record breaking inflation while President Joe Biden has occupied the White House.
Biden’s answer is “buy an EV.”
Of course, a study by the U.S. Senate Joint Economic Committee found that working class American families need to generate $11,434 in additional income each year to have the same spending power they did under former President Donald Trump.
It doesn’t matter.
President Biden wants those same working class families who are struggling to make ends meet to dole out what Kelly Blue Book estimated to be an additional $5,000 by buying a new EV rather than a traditional gas-powered vehicle.
But while what American drivers want doesn’t matter to Democrats like Biden, it does matter to automobile manufacturers – at least a little.
And General Motors (GM) appears to be getting tired of losing money by kowtowing to the Biden agenda.
Low demand is causing GM to pump the breaks on EV production
The Detroit Free Press is reporting that GM is drastically cutting back on EV production.
According to the Free Press, GM CFO Paul Jacobson has confirmed the company plans to trim EV production by at least 50,000.
The company’s original EV production plan for 2024 was 200,000 – 300,000.
However, they have adjusted the outlook now to 200,000 – 250,000.
The report indicates the reason for the drawdown of EVs is lack of interest in the product – writing that the decision is “100% demand-driven.”
Demand for EVs has been underwhelming after the first wave of eager environmental extremists led the industry to a strong start.
However, last month, GM sold just 9,500 EVs.
The report went on to cite that EVs are on track to make up just 8% of company sales.
That 8% comes from a bevy of options that consumers just don’t appear to want.
Bidenmobiles on the GM roster of vehicles include: GMC Hummer pickup and SUV, Cadillac Lyriq, Chevrolet Blazer EV, Chevrolet Equinox EV, Chevy Silverado EV RST, and GMC Sierra EV.
But that’s not all, the company will soon be adding the Cadillac Escalade IQ and hand-built Cadillac Celestia.
GM has also announced it is investing $850-Million to relaunch the self-driving Ev, the Cruise.
US Political Daily will keep you up-to-date on any developments to this ongoing story.
