- Joined
- Mar 9, 2021
- Threads
- 50
- Messages
- 1,393
- Reaction score
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- Location
- People's Republic of California
- Vehicles
- Mach-E, et al
- Banned
- #76
That's a very likely scenario. The economy is in bad shape indeed. Also too many players and too much investments thrown into an untested market fueling irrational speculation. There will be an inventory pile up, fire sales, and companies going out of business. Lots of taxpayers money will be wasted too. In a few years they will realize that the actual demand is smaller than anticipated and EV investments will shrink. I'm personally not invested in the EV hype, I'm rather putting my faith in oil and gas.Or, the economy will crash hard, EVs will be an expensive luxury, and the EV market will stall.
?The times, they are a changin?
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