EV Slowdown Exposes Biden's Green Energy Mirage
The Hill is sounding the alarm: EV companies are laying off thousands, pivoting away from electric. They frame it as a market correction, a natural adjustment. What they're not highlighting is how much of this was driven by an administration pushing 'green' mandates and tax credits without bothering to ensure the national infrastructure or consumer demand was truly ready. Taxpayer dollars funneled
towards a premature market often create a bubble, not sustainable growth. The 'build it and they will come' strategy appears to have created fewer vehicles and more unemployment lines. One might wonder if these 'green' initiatives served more as political talking points than viable economic strategies. The rush to declare a 'green revolution' seems to have left a trail of shuttered factories and
frustrated workers, proving some 'transformative' policies are more about optics than actual progress. (Perhaps they should've focused on roads first?)