EV's

The Electric Car frenzy is slowing as people get over the novelty and recognize the reality. Toyota the world's largest car maker had a CEO who just quit saying EV's are not the future. This week GM jumped on the band wagon. The companies confirmed they would end the affordable EV effort after GM scaled back some near-term EV targets, announced delays in production of at least three upcoming EVs and disclosed additional details about postponing the build-out of a second all-electric truck plant in Michigan until late 2025. In August 2023, it took about twice as long to sell an EV in the U.S. as it did the previous January. Most EV owners have a second gas powered car and about one forth of owners do not buy a second EV. The future is for hydrogen powered cars and small trucks and using hydrogen combined with CO2 to synthesize diesel for other transportation.