As I was doing my usual look at the headlines at breakfast I came across the article on the CBC: “A collision, 2 months and $18 K later, a couple worries their EV insurer will raise rates.”
Chuck2, always preaches how EV’s are more efficient and cheaper to operate. The reality is they are more expensive to buy, more expensive to fix and as more are purchased in Canada will become more expensive to insure. “In the U.K., for example, the average cost of EV insurance rose by 72% in 2023, compared to 29% for internal combustion engine vehicles according to the Financial Times.” Meanwhile in an article in the Financial Post: “Stellantis lays off about 400 workers to cut costs in EV transition.”
So in the real world, not the computer model world of the progressive left, EV’s are more expensive to buy, to insure and their will be less people employed building them. Looks like a real win the economy and the country. But really, did anybody really believe an initiative driven by government would work?!?!
Chuck2, always preaches how EV’s are more efficient and cheaper to operate. The reality is they are more expensive to buy, more expensive to fix and as more are purchased in Canada will become more expensive to insure. “In the U.K., for example, the average cost of EV insurance rose by 72% in 2023, compared to 29% for internal combustion engine vehicles according to the Financial Times.” Meanwhile in an article in the Financial Post: “Stellantis lays off about 400 workers to cut costs in EV transition.”
So in the real world, not the computer model world of the progressive left, EV’s are more expensive to buy, to insure and their will be less people employed building them. Looks like a real win the economy and the country. But really, did anybody really believe an initiative driven by government would work?!?!
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