Name:   MartiniMan - Subject:   There is almost no market for used EV's Date:   12/27/2023 11:26:17 AM

As if there weren't enough trouble getting people to shell out big bucks for a new EV (even with massive govt subsidies), as is happening today in China and Europe there is little to no market for used EVs.  There are literally huge graveyards of used EVs in China and Europe because no one wants to buy a car that will require a $20K to $50K battery to replace the old one.  So not only are EVs an environmental and humanitarian disaster to manufacture, costs the equivalent of $17 per gallon of gas to charge, are mostly charged by coal-powered plants, etc. but will now litter the landscape with used ones that nobody wants.  

What happened in China and Europe and will soon happen in the U.S. is a direct result of the government distorting the free market.  Absent gov't intervention EV's would be out of financial reach for the vast majority of Americans and even with subsidies are only feasible for the very well off.  And as those batteries age and become unstable there will be even more environmental damage.  Good news I guess is that they can store them with the old solar panels and wind farm blades in huge outdoor dumps.