NO WAY OUT! Jeep CEO HAD ENOUGH & SHUTS DOWN EV Future Destroying The EV Market!

EVs are now under scrutiny, thanks to Jeep CEO Carlos Tavares, who delivered a startling warning, leaving the entire EV industry perplexed and frustrated; Tavares candidly unveiled the grim reality of the EV market, predicting an impending crash due to the dubious push for EVs by political leaders; He foresees a resurgence of gas cars, accompanied by a substantial 40% drop in EV prices; The future of EVs, once deemed promising, is now cast in doubt;
The revelation unfolded during Jeep's inaugural Freedom of Mobility Forum, where Tavares boldly stated that there is a severe shortage of raw materials essential for manufacturing EVs; He expressed a skepticism about the feasibility of making electric cars affordable for the masses, debunking the notion that EVs are a panacea; Tavares, the influential figure overseeing Stellantis, the automotive giant behind Jeep, Ram, and several other brands, has injected a reality check that resonates across the industry;
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The challenges facing EV manufacturers become apparent as Tavares sheds light on the struggles of major players like Ford, GM, and Tesla, all selling EVs at a loss; The need to repeatedly reduce prices to stimulate sales indicates the underlying difficulties in making EVs financially viable; Jeep itself grappled with a massive scandal that forced them to recall thousands of vehicles, adding another layer to the industry's woes;
Complicating matters further is the divide in perspectives between the current administration, led by President Biden, and the public; Despite fervent pleas from the public and even 4,000 dealers sending vehement letters cautioning against forced EV adoption, the Biden government remains steadfast in promoting EVs; However, former President Donald Trump has expressed a commitment to end the "EV Madness" if he returns to office, intending to eliminate tax credits for EVs to ensure fair competition with gas cars;
Tavares raises a crucial concern about the pivotal role of lithium in transitioning from fossil fuel-driven vehicles to EVs; With approximately 1.3 billion conventional cars globally, the demand for lithium could potentially outstrip the available supply; He questions the sustainability of relying on China for 80% of our EV supplies, especially in light of China's recent export ban, which could disrupt the EV market and impact local companies;
The fear extends beyond the auto industry giants like Elon Musk and RJ Scaringe to a potential global impact; Tavares highlights the urgency of finding alternative sources for these essential materials and emphasizes the potential consequences of rushing into an EV-centric future without adequate preparation;
In an unexpected twist, Tavares challenges the EU's decision to ban gas cars, suggesting that such a move might worsen emissions instead of reducing them due to the unpreparedness in EV infrastructure and production capabilities;
Tavares's warning serves as a wake-up call, urging a more thoughtful and balanced approach to the EV transition, considering the economic, environmental, and geopolitical ramifications; The industry, political leaders, and the public are left to grapple with the implications of this stark revelation;

NO WAY OUT! Jeep CEO HAD ENOUGH & SHUTS DOWN EV Future Destroying The EV Market!

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