Almost everything that could go wrong with the electric vehicle market HAS gone wrong in the last 18 months. Batteries starting on fire; EVs stalling out in frigid winter months; chargers not working; rental car agencies selling off their EV fleets; Ford and others taking billion-dollar losses; and thousands of auto dealerships telling the factories to stop shipping EVs because nobody wants them. Steve Forbes has a nice summary of the problems in this piece below:
This hasn’t persuaded blue states and the Biden Administration to move forward with their plans to outlaw gas cars over the next decade or so.
But energy expert Robert Bryce — who publishes a must-read Substack column — tells us there is nothing new about all this hype about electric vehicles. Turns out these false promises are as old as Henry Ford’s Model T. We thought you’d get a chuckle out of some of these expert predictions:
- In 1901 the Los Angeles Times declared, “The electric automobile will quickly and easily take precedence over all other” types of motor vehicles.
- In 1911, the New York Times reported that the electric car “has long been recognized as the ideal solution” because it “is cleaner and quieter” and “much more economical.”
- In 1915, the Washington Post wrote that “prices on electric cars will continue to drop until they are within reach of the average family.”
- In 1959, the New York Times touted the “Old electric [vehicle]. May be the car of tomorrow.”
- In 1967, the Los Angeles Times reported that American Motors Corporation was on the verge of producing an electric car, the Amitron, powered by lithium batteries. The story proclaimed: “We don’t see a major obstacle in technology. It’s just a matter of time.”
- In 1979, the Washington Post claimed General Motors had achieved “a breakthrough in batteries” that “makes electric cars commercially practical.” The new batteries will provide the “100-mile range that General Motors executives believe is necessary to successfully sell electric vehicles to the public.”
- In 1980, the Washington Post claimed “practical electric cars can be built in the near future.”
A skeptic might conclude that electric cars always have been and always will be the cars of the future.