Will Donald Trump Kill the Future of Electric Cars?

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Why you might want to wait until after the November Presidential Elections (or just before) when buying a new car in 2024.

Like It or Not…

Like everything else in the U.S., buying a car is politicized to the point where it can affect not just what vehicle you will buy but how much (or how little) you will have to pay for it.

Scotty’s Political Analysis

That’s the message in a recent Scotty Kilmer YouTube channel episode where Scotty takes the time to talk about how politics affects what we drive and what it means to the public with his look at the past elections of 2016 and 2020 as potential indicators of what we can expect in 2024.

Follow along with Scotty, “With a grain of salt” as the saying goes and find out just why it might be a good idea to hold off until after the elections before buying that new car in 2024 as Scotty discusses how presidential elections affects car sales that includes:

  • The Doomsday prediction of EV sales based on this year’s elections.
  • Why EV shoppers want to pay attention to what automaker CEOs are saying and doing.
  • The correlation between presidential elections and car sales.
  • Why fuel efficiency standards, EV subsidies, and tariffs are factors affected by elections.
  • Why the 2016 and 2020 elections might not be a good predictive indicator of what to expect.
  • What we know about EV sales and Gas-only vehicle sales today.
  • Why EV sales are slumping despite attractive incentives to buy one right now.
  • Which vehicle type costs the most over the first 5 years of ownership.
  • Hidden EV costs (such as real-world depreciation values) many shoppers do not realize until it is too late.
  • Why buying an EV is really a lifestyle choice.
  • How China will slip Chinese vehicles into the U.S. Market and which automaker is conspiring with this plan.

Donald Trump Just Killed the Future of Electric Cars

 

Final Thoughts on Scotty’s Take

While it is easy to dismiss what Scotty has to say when it comes to how who becomes President this year will likely affect out next new car purchase, bear in mind much of what he has said in the video (to some degree) has been said and is being said today in credible news sources such as The Economist.

As a follower of The Economist, I have found that there is significant news coverage of the automotive industry that bears close attention to when it comes to making sense of how what happens in politics does eventually trickle down to the general public when it comes to cars and making what should always be…an informed car-buying decision.

For additional articles focused on Scotty’s take on cars, here are a few for your consideration:

Timothy Boyer is an automotive reporter based in Cincinnati. Experienced with early car restorations, he regularly restores older vehicles with engine modifications for improved performance. Follow Tim on  “Zen and the Art of DIY Car Repair” website, the Zen Mechanic blog and on Twitter at @TimBoyerWrites  and Facebook for daily news and topics related to new and used cars and trucks.

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