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Rikard's avatar

It's a trillion-dollar global scam, and that's something I've claimed in conversations ever since I learned Obama was pouring billions onto Musk to get him started.

There's not enough REMs, for starters. There's not enough production potential. A man from Chalmers Technical School in Gothenburg had a look at production logistics for batteries the other year: his conclusion was that if the global production capability when it comes to EV-batteries was turned up full and the batteries only sold to Sweden, it'd still take at bare minimum 20 years to replace all the private cars. Meaning "personbilar" only. No trucks, lorries, vans, 18-wheelers, et cetera. 10 000 000 cars needs replacing here. Plus charging capability. Plus electricity production. Plus a grid capable of handling millions of EVs being hooked up to chargers at the same time. Plus...

None of that exist, there's no budget to create the infrastructure, there's zero gain for the state to invest in it, and "the market" certainly won't invest tens or hundreds of billions in infrastructure (the fiction called "the market" never invests in infrastructure - anyone studying the history of post-WW2 liberal capitalism - aka neo-feudalism - learns that immediately).

Grift, scam, fraud is all it is. Tulips from Amsterdam, basically. And by inveigling the scam into politics, it makes it nigh-on impossible to stop.

A neighbour here, from the next village (just 20km, that means neighbour :) ) is a fan of EVs. Also, he is a local politician for the old Communist party, so he is pretty much obligated to love EVs and dislike Musk. He recently told me about his new one. Can't recall the model but I do remember the important bits: with a fully loaded cat, and a fully loaded trailer attached (850+850 kilos), he got almost 100km out of it. That's a new EV, a new model, top-of-the-line battery, with re-charging function using friction et cetera to "get back" some power when rolling down-hill. If I understood him correctly.

He seemed to me to have that earnest, almost pleading, tone that someone may have when they subconsciously realise that they made a poor decision they are now looking for moral support for, to make their fail hurt less.

On top of the cost of the EV, he also needs a heated garage with a real concrete floor; the costs do add up, no?

Meanwhile, our diesel pick-up truck can spend the night in an unheated tent in -30C and will start on the first try, without using starter gas, and can pull the same load an entire day on a full tank.

Or to put it as Hayek and Friedman might have: if it needs subsidies to be viable, it's not viable.

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