In yet another setback for the Biden-Harris regime’s push for electric vehicles, American consumers are showing a distinct lack of enthusiasm for purchasing new EVs. The latest Mobility Consumer Index (MCI) from consulting firm EY reveals a shocking drop in interest, with only 34% of US consumers planning to buy an electrified vehicle—down from 48% in 2023. This decline raises serious questions about the administration’s ability to force their “Electric Revolution” onto consumers.
Now, after seemingly rushing to promote electric vehicles as the future of transportation, the reality is hitting hard: fully electric vehicle interest has plummeted to a mere 11%, down from 22% just a year ago. What’s behind this sudden shift? Has the regime and their state-level proxies like California Governor Gavin Newsom failed to make their pitch?
“While we’ve seen substantial increases in interest and purchasing of EVs since 2020, this year’s MCI shows dips in demand for the first time,” – Steve Patton, EY Americas automotive leader.
Patton’s comments suggest that the administration’s narrative of a seamless transition to electric vehicles is crumbling. The supposed benefits of EVs are being overshadowed by the stark reality of their costs. A general manager from a Southern California dealership pointed out that while maintenance costs for EVs are allegedly lower, the initial expenses are “much higher” when it comes to body or structural repairs.
Interestingly, while J.D. Power’s recent survey indicated a drop in EV buying sentiment due to charging infrastructure concerns, EY’s findings show a slight improvement in that area. Only 24% of respondents now cite limited range as a top concern, down from 30% last year. Yet, the question remains: can the Biden-Harris administration truly claim success when the overall sentiment is still teetering on the edge of skepticism?
Another factor contributing to the decline in pure EV sales is the rising popularity of hybrids. EY’s survey found that 26% of US buyers prefer the flexibility of hybrid engines, compared to just 19% globally. This shift in consumer preference raises eyebrows about the administration’s singular focus on fully electric vehicles.
“For those who are looking to transition due to the environment, hybrids allow owners to lessen their reliance on fuel and creates options for batteries and parts. For many, it’s a win-win.” – Raman Ram, EY Americas aerospace, defense, and mobility leader.
The findings from EY’s report paint a damning picture for the future of EVs in America. The transition to electric vehicles is proving to be anything but smooth, and the administration’s failure to address consumer concerns could have dire consequences for mass EV adoption. As we look ahead, one must wonder: will the Biden-Harris administration pivot to embrace hybrids, or will they continue to push a one-size-fits-all approach that leaves consumers in the dust?
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
Kamala Endorses Dockworkers Strike That Union Boss Boasted Would ‘Cripple’ the Economy
by Daily Wire
Vice President Kamala Harris sided Wednesday with dockworkers who launched a massive strike this week that threatens to cripple the economy. “This strike is about fairness,” Harris said. “Foreign-owned shipping companies have made record profits and executive compensation has grown. The Longshoremen, who play a vital role transporting essential goods…
‘Drill, Baby, Drill’: Energy Costs To Drop ‘50%,’ Trump Tells Dave Ramsey
by Headline USA
Former President Donald Trump pledged, if re-elected, to cut energy costs “50%” during a recent interview with financial expert Dave Ramsey that was released on Wednesday. Ramsey, one of the most popular radio hosts in the country, said he had offered to talk with Vice President Kamala Harris, as well,…
Do You Want Your Prepper Bar Shipped to Your Home or Added to Your IRA?
by Sponsored Post
The massive shift of money being exchanged for physical precious metals started in 2022 with Central Banks across the globe breaking records. The frenzy caught on with large investment firms and financial institutions like BlackRock and JPMorgan in 2023. 2024 has been the year of regular citizens making the same…
Byron Donalds Brings Receipts, Shocks “The Breakfast Club” That Kamala Cause the Inflation Crisis
by Louder With Crowder
The Dems would be nothing without this country’s most ignorant voting base. And as you likely know, had it not been for Kamala’s two tie-breaking votes, you would have more cash in your wallet. But because she believed the government could somehow spend its way out of inflation, she is…
Biden to Stay Out of Port Strike as Trade Flows Halt, Union Boss Threatens to ‘Cripple’ Economy
by Just The News
The White House has remained firm in its position that it will not intervene in negotiations between port workers and dock employers as trade flows screech to a halt and the lead union boss threatens to “cripple” the economy less than 35 days before the presidential election. A general strike…
Celebrity Jeweler Goes Viral Tossing Cash After Selling Anti-Trump Chain
by Headline USA
A popular celebrity jeweler went viral for endorsing President Donald Trump in an unconventional way: selling his anti-Trump gold pendant and dramatically tossing the cash into the air in Times Square. Maksud Agadjani, owner of TraxNYC, had previously collaborated with actor George Lopez on the creation of the pendant, which…
Launching the RIGHT REPORT to Fight the Real Enemies
by Publius
According to Ecclesiastes 10:2, A wise man’s heart inclines him to the right, but a fool’s heart to the left. The implications are stunning when we consider society today. That may not be the original intent of the verse but it clearly applies to the modern world. But what is…
The New Data on Illegal Alien Crime Is Shocking
by John R Lott Jr
(RealClearWire)—The new data on all the criminal noncitizens coming into the U.S. is shocking. The U.S. Immigration and Customs Enforcement (ICE) checks the background of illegal aliens they have in custody. But, the administration’s letter to Rep. Tony Gonzales (R-TX) shows that as of July 21, 2024, ICE let 435,719…
Exposing the Multi-Front Warfare Against American Freedom Through the United Nations
by Liberty Sentinel
In this episode of The Sentinel Report, host Alex Newman covers the latest news, including outrage as the U.S. Department of Justice defends the United Nations’ staffers who collaborated in Hamas’ terror. Next up, Alex invites Ken Abramowitz, the author of “The Multifront War: Defending America From Political Islam, China,…
Months After Becoming a Major Abortion Provider, Struggling CVS May Have to Dismantle Company
by Western Journal
There is absolutely no joy to be had when news breaks that more people could be facing joblessness under the Biden/Harris administration. But there is absolute joy to be had when news breaks that it could become that much harder to murder unborn children. Many Christians and pro-lifers are caught…
