Scams only work on stupid and gullible people, right?
A typical example of why EVs wil never become mainstream without the idiot-politician coercion.
$54k drive away.
Two years later...
Ouch!
Almost a $20k drop (35.7%) in value in only 48 months.
https://www.qld.gov.au/transport/projects/electricvehicles/hitting-the-road
Great!
Save <$1k on fuel over two years, but cop a $20k depreciation bill.
Let's be generous here, as the above example did more than the average of 12,100km per year.
Let's say they saved $2k in fuel.
$18k worse off making themselves feel good about saving the planet.... meanwhile China won't reach peak emissions for another 6 years.
And after ~10 years most of these now-useless EV becomes toxic landfill.
So far, the EV scam is working and reaching the intended audience.
Good News & Bad News, page-43765
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