The Market Rejected EVs 100 Years Ago and Now the Government’s Forcing Us To Buy Them

Many people have forgotten that when the automobile was invented there was a real race between the internal combustion engine and electric batteries for what would be the primary means of propulsion.

In 1900, electric cars accounted for about a third of all vehicles on the road. They lost the race for dominance in 1908 when Henry Ford introduced the Model T, which was a gasoline-powered car at a price of $850 ($26,600 today). Ford’s market share surged from 9 percent in 1908 to 61 percent in 1921. The Model T replaced the horse-drawn carriage as the primary means of transport in the United States.

And now we have “back to the future” governmental policies that are forcing us to buy a technology that we’ve known for a century as inferior. This is the opposite of progress. This tweet from our friend, Ken Cuccinelli (a former attorney general of Virginia who is also a mechanical engineer), explains that everything is upside down here:

Next thing you know, these dopes will try to bring back windmills for generating electricity. Oh, never mind.

SUBSCRIBE TO THE
Unleash Prosperity Hotline

 

1155 15th St NW, Ste 525
Washington, DC 20005