Electric Cars a Government Subsidize Bust

December 18, 2018 by · Leave a Comment 

For all the dreamers who foster a future of transportation based upon electric motors, good luck. While many forms of hauling translate into the use of electric propulsion, the prospects are that General Motors and Tesla will not be the namesakes for EV personal transport. Government subsidies may be the Achilles heel of the car industry, but reliance on mobile electric fuel and battery storage ignores the reality that the petroleum oligarchy will just sit on their reserves and watch the long lines of extension cords plug into these high tech and costly trendy go carts.

Read the entire article on the Utopia archives

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