Under the Biden administration, the Environmental Protection Agency announced a mandate that will require two-thirds of all new cars and trucks sold in the U.S. to be electric by 2032. The environmentalists say the mandate is necessary to save the planet but the capitalists, on the other hand, say it’s impossible.
“Our energy grid cannot handle it, we don't have adequate charging stations, and it's very costly,” Roger Elsick, who owns numerous automobile dealerships in Texas and Louisiana, told American Family Radio.
He said electric vehicles currently account for 7% of the market, a figure that may grow over time to 30%, which means more mining for rare materials.
“In order for that to happen, you would need about 400 mines,” he told the “Today’s Issues” program. “So, where are you gonna put these mines? It takes 10 to 12 years to get a mine up and going.”
There is virtually zero chance of hitting the EPA’s plans for EV ownership in 2032, just eight years away, and Elswick says pushing for that goal only benefits our foreign adversaries.
“I think it's a poor direction for our country,” he warned. “Eighty percent of the raw materials for electric vehicles are controlled by China.”
As a businessman, Elswick said he will always listen to what customers want and right now they are not demanding to drive off the lot in a new EV.