During the March 4 episode of the “Health Ranger Report” with the Health Ranger Mike Adams, financial analyst John Rubino warned that the electric vehicle “bomb” is about to explode after several years of the government subsidizing its growth.
Adams touched on how the robocars industry is completely bombed at the moment. “Apple just canceled plans for EVs. Volvo has shifted away from EV design and manufacturing,” he said. “Other car companies that are making EVs are realizing they can’t really sell them. Dealers don’t like them. Also, they’re expensive to insure and the insurance companies don’t want to insure them. They are also hard to repair and it takes hours to charge them.” (Related: New study: Charging an EV is equivalent to filling up a traditional car with gasoline worth $17.33 per gallon .)
Rubino agreed and said that yes, at first, drivers find them so much fun to drive. […]
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