TheGatewayPundit.com

In yet another stunning example of government waste, the Biden administration’s $3 billion scheme to convert the U.S. Postal Service (USPS) fleet to electric vehicles (EVs) has delivered nothing but empty promises, skyrocketing costs, and a mere 93 vehicles out of the planned 50,000.

Senator Joni Ernst (R-Iowa) and Representative Michael Cloud (R-Texas) are leading the charge against reckless taxpayer-funded disaster.

They introduced the Return to Sender Act, a bill aimed at clawing back the unspent billions that were funneled into the failed USPS EV initiative under Biden’s so-called Inflation Reduction Act (IRA).

“Biden’s $3 billion EV fleet for USPS is lost in the mail! Just 93 of 50,000 vehicles have been delivered. I am canceling the order and returning the unspent money to sender: the taxpayers!” Ernst wrote on X.

DailyCallerNewsFoundation.org

Ford Motor Company lost another $1.2 billion on electric vehicles (EV) in the third quarter, according to a Monday press release.

The company’s net income also fell to $0.9 billion, down $0.3 billion from the third quarter of 2023, according to the press release. The loss was largely due to a $1 billion charge related to EVs, according to the release.

Ford’s earnings before interest and taxes (EBIT) for the full year is expected to be around $9 billion for Ford Pro, while Model e, the company’s EV division, is expected to have a loss of about $5 billion for the whole year, according to the release.

JustTheNews.com

Vice President Harris is tasked with overseeing the federal e-bus program, and her experience as school bus czar appear to be no better than her work managing the border crisis.

The EPA recently announced another $1 billion flowing into the Biden-Harris administration’s effort to replace all diesel-powered school buses across the country with electric buses. This brings the total spent so far to nearly $3 billion out of the $5 billion program. 

Vice President Kamala Harris, now the Democratic presidential nominee, was tasked with overseeing the program as part of the larger Building Better School Infrastructure Program, and her experience as school bus czar appear to be no better better than her work trying to fix the country's border crisis. 

ZeroHedge.com

As if the EV boom needed another nail its in coffin, the UK has now produced figures showing that driving and electric vehicle is "up to twice as expensive" as driving a regular gas powered car.

Data from the app ZapMap has confirmed that operating an electric vehicle (EV) can cost over 24p per mile, compared to 12.5p per mile for a diesel vehicle, according to Yahoo Finance and The Telegraph.

GMAuthority.com

Although the electric vehicle market has seen significant growth over the past few years, there are signs that the exponential growth will slow down, with automakers like General Motors reducing electric vehicle sales and production targets. In fact, it appears as though even some EV owners themselves are yearning for a return to ICE-powered models.

According to a report from Automotive News, consulting firm McKinsey & Co. found that 46 percent of U.S. respondents who currently own an electric vehicle are likely to buy an ICE-powered vehicle as their next car purchase, with charging concerns standing out as the largest hindrance toward the gradual transition to all-electric vehicles.

Beyond this, McKinsey & Co. also found that 29 percent of electric vehicle owners worldwide are likely to switch to gasoline vehicles, citing the same concerns.

JustTheNews.com

"The Biden administration doesn't know how to get projects off the ground in a timely fashion. That's just bloated, big government working ineffectively and wasting money in the process,” Gabriella Hoffman, director of the Center for Energy and Conservation at Independent Women’s Forum, said.

Transportation Secretary Pete Buttigieg was asked on CBS News' "Face the Nation" about the $7.5 billion taxpayers have been levied for a nationwide EV charging station network. In the over two years since the funding was announced, the Federal Highway Administration (FHA) has managed to produce only seven, despite the announced plans call for a half million stations being built six years from now by 2030. Buttigieg was unfazed when asked about the numbers. 

“That's the absolute very, very beginning stages of the construction to come,” he said, and insisted the 500,000 stations would come to fruition by 2030. 

DailySkeptic.org

Safety concerns around electric vehicles continue to mount with Australian fire and rescue services in New South Wales stating they might have to make a “tactical disengagement” of a trapped car accident victim if the battery is likely to explode. Australian journalist Jo Nova covered the story, which was first mentioned in the EV blog The Driven, and commented: “They say the first responders need more training as if this can be solved with a certificate, but the dark truth is they’re talking about training the firemen and the truck drivers to recognise when they have to abandon the rescue.”

TheRightScoop.com

While Joe Biden parties with Obama and Clinton in New York City, his radical EPA is releasing new rules that will force the trucking industry to switch to very expensive electric trucks in less than ten years if it isn’t stopped.

Their new rules they released today require heavy duty trucks and busses to be zero-emissions by 2032 and will force smaller trucking companies out of business.

Stream.org

Trying to “save the planet” by buying an electric vehicle (EV) is like deciding to make a unicorn by buying a thoroughbred horse and soldering a narwhal’s horn to its forehead: a costly, even cruel way to accomplish nothing at all.

It’s highly debatable whether, even if every car owner in the West could afford to switch over to EVs, it would have much impact on our climate at all — not when the hungry half of the world is unapologetically burning coal. According to the Center for Research on Energy and Clean Air’s 2024 report: “China approved 114 gigawatts (GW) of coal power capacity in 2023, up 10% from a year earlier. Construction started on 70 GW of new coal plants last year, up from 54 GW a year earlier.”

Right there, China blotted out every arguable improvement that pricey, environmentally toxic EVs might have offered. But at least Red China’s getting rich selling us rare earth elements to make those EV batteries.

These costs to electrify trucking would ultimately be passed down to consumers.
Trucks move nearly 73% of the nation's freight by volume, meaning many goods will be
impacted by the added expense of such a transition.

JustTheNews.com

A new study by Roland Berger, a global consulting firm, estimates that it will cost over $1 trillion to build out the infrastructure needed to support electric medium and heavy-duty trucks. The study was funded by the Clean Freight Coalition, which includes a number of trucking industry groups.

Trucking fleets and operators of charging stations, according to the study, will need to invest $620 billion into new charging infrastructure. This includes the chargers, site infrastructure and utility cost service.

Trucking operators will also need to invest in on-site charging stations, which the study estimates will cost in total $496 billion. Chargers for heavy-duty trucks, such as semi trucks, will cost $145,000 per vehicle. Medium-duty trucks will cost $54,000 per vehicle.