Looks like the market never really wanted EVs that much.
The Washington Post (4/04/25) reports: "Over the past few years, electric vehicle manufacturing facilities producing lithium batteries, car parts and critical minerals sprang up all over the United States. Drawing on cash and tax credits from the Inflation Reduction Act, these factories promised to provide jobs — largely in Republican areas — and to set the nation on a path to making homegrown EVs. According to data from Atlas Public Policy, a policy research group, more projects were canceled in the first quarter of 2025 than in the previous two years combined. Those cancellations include a $1 billion factory in Georgia that would have made thermal barriers for batteries and a $1.2 billion lithium-ion battery factory in Arizona."
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"The biggest barrier in energy development the last few decades is people, for political reasons, calling climate change a crisis. So factories that would've been here in Colorado are instead in Texas or in Asia. You can say this is all for climate change. But most of that is just nonsense. Honestly, it's just nonsense."
– Chris Wright, Secretary of Energy
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