Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Electric vehicle sales crashed in Germany in December. Sales collapsed as a result of the government’s elimination of consumer purchase incentives and weakening in EV demand. German EV sales are the latest casualty of the green investment cycle and the limited electric vehicle value proposition.
EV sales cratered in December. December may foreshadow a broader decline in Europe’s adoption of electric vehicles endangering its goal of banning new fossil fuel engine cars by 2035.
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