In 2019 GM retired the Chevy Volt to make way for its successor, the more compact but fully electric Chevy Bolt. We recently received a copy of an estimate from Roger Dean Chevrolet, located in Cape Coral, Florida, to replace the battery in a Chevy Volt (VIN: 101RB6E4XCU113962) that has on its odometer 70,489 miles. Using an average of 12,000 miles driven per year we estimated that this Volt was purchased in 2017.
Here are the costs to replace the battery:
- Labor $1,200
- Parts $26,887.97
- Misc. $41.50
- Tax $$1,712.68
- TOTAL: $29,842.15
QUESTION: Do we really need all electric vehicles, at all?
ANSWER: Let’s look at the numbers to answer this question.
All electric cars depreciate faster than internal combustion engine, i.e. gas-powered, cars. The most significant vehicle depreciation typically occurs after purchase and within the first three years. According to an iSeeCars study, EV owners can expect 52 percent depreciation in the first three years.
Add to this an iSeeCars August 23rd, 2022 all electric care pricing article by Julie Blackley who reported,
Electric car prices went up 54.3% in July from last year compared to 10.1% for conventional/internal combustion cars.
Used car prices remain elevated in the wake of the global microchip shortage, but they began to level off in the second half of 2022. However, according to iSeeCars’ recent analysis, over the same period prices for electric cars continued to increase significantly. In July, electric car prices saw an increase of 54.3% from the same month last year while gas-powered cars were up just 10.1%.
iSeeCars analyzed the prices of over 13.8 million 1-5 year old used cars sold between January and July of 2021 and 2022 to determine the price growth of electric cars compared to conventional fuel vehicles.
“Until recently, mainstream electric vehicles typically depreciated rapidly due to improvements in battery technology and a lack of demand in the secondary market,” said iSeeCars Executive Analyst Karl Brauer. “However, soaring gas prices, improvements in public charging infrastructure, and a lack of inventory for new EVs have led to soaring demand for used electric vehicles.”
We also reported on how Biden and his administration actually caused the soaring gas prices and inflation.
Add to this a September 2nd, 2022 The Daily Skirmish article which reported,
Going somewhere for the holiday weekend? Not if you live in California and drive an electric vehicle, you’re not. California issued an emergency alert asking people not to charge their EVs because the power grid can’t handle the demand. This from a state that is moving to ban the sale of gas-powered vehicles. So how’s this going to work when the internal combustion engine is gone, natural gas appliances are banned, and everyone has to rely on electricity for getting around, heating their homes, and washing their clothes. The short answer is: it’s not. The numbers don’t add up. But that’s the bright green energy future into which your insane leaders want to take you.
Here’s one thing that will happen in that future. Everyone will have smart meters and the government will simply order the power cut off whenever it feels like it. Don’t believe me? It’s already happening. How did you like the story out of Denver this week, where 22,000 households were locked out of their thermostats and couldn’t adjust their air conditioning when it got hot? No car, no A/C, no appliances, whenever the government decides it’s time to control your behavior.
We also reported that the electricity needed to charge one all electric vehicle is the equivalent of running four (4) total home air conditioning systems.
The Climate Crisis Myth
The Biden administration has used the myth of a climate crisis to push for massive funding to go all electric. Not just cars and trucks but also doing away with the use of all fossil fuels. Despite the fact that the world uses fossil fuels to produce 84% of its electrical power.
On August 5th, 2021 Reuters reported,
President Joe Biden took a step toward his goal of slashing greenhouse gas emissions on Thursday [August 5, 2021] with an executive order aimed at making half of all new vehicles sold in 2030 electric, a move made with backing from the biggest U.S. automakers. The administration also proposed new vehicle emissions standards that would cut pollution through 2026, starting with a 10% stringency increase in the 2023 model year. [Emphasis added]
On August 2nd, 2022 the Federal Highway Administration announced,
In keeping with President Biden’s commitment to build out a national network of 500,000 electric vehicle (EV) chargers by 2030, the U.S. Departments of Transportation and Energy today announced all 50 states, the District of Columbia and Puerto Rico have submitted EV infrastructure deployment plans as required under the National Electric Vehicle Infrastructure (NEVI) Formula Program established and funded by President Biden’s Bipartisan Infrastructure Law. These plans are required to unlock the first round of the $5 billion of Bipartisan Infrastructure Law formula funding available over 5 years to help states accelerate the important work of building out the national EV charging network and making electric vehicle charging accessible to all Americans. The on-time submission of every single plan demonstrates the widespread commitment from states to build out EV charging infrastructure to help accelerate the adoption of electric vehicles, create good jobs, and combat the climate crisis.
Led by a Nobel Prize laureate, more than 1,100 scientists and scholars have signed a document declaring climate science is based more on personal beliefs and political agendas than sound, rigorous science.
The World Climate Declaration states climate science “should be less political, while climate policies should be more scientific.”
“Scientists should openly address uncertainties and exaggerations in their predictions of global warming, while politicians should dispassionately count the real costs as well as the imagined benefits of their policy measures,” the declaration reads.
The declaration was organized by Climate Intelligence, an independent policy foundation founded in 2019 by Dutch emeritus professor of geophysics Guus Berkhout and Dutch science journalist Marcel Crok.
The Bottom Line
The bottom line is:
- Biden caused our current gasoline and diesel fuels crisis.
- Biden by executive order mandated 50% of all vehicles be electric by 2030.
- Biden and Congress allocated billions of dollars to build 500,000 charging stations in all 50 states, D.C. and territories.
- Biden unilaterally declared a climate crisis.
- Biden has called those who disagree with his green agenda semi-fascists.
So there you have it. Biden’s fake crisis to create an unachievable and costly green agenda that will cost every American dearly.
To make things worse on August 28th, 2022 the Biden administration has handed California the power to mandate EVs nationwide.
America will continue to go down the green brick road to deal with a Mythological Climate Agenda which will inextricably lead to an Economic Armageddon.
Biden’s goal is to turn America into Newsom’s California. Biden has gone full woke and Americans are going broke (penniless, moneyless, bankrupt, insolvent, poor, poverty-stricken).
Get it? Got it? Good!
©Dr. Rich Swier. All rights reserved.