Traditional car companies make considerable money from aftermarket service and parts. EVs need less aftermarket service and so are less lucrative in the long run. They are a bad deal especially for the dealerships. Of course, that means they are also a good deal in this respect for consumers.

There have been several studies showing we don’t have the raw resources to meet those demands. I hate the auto industry as much as the next person but this doesn’t seem to address that at all.

Car companies will make a lot of money from the EV transitions and subsidies. They are loving this.