Honda loses 16 billion as woke EV gamble backfires Americans reject electric cars in stunning revolt

Honda’s $16 Billion EV Disaster: Another Liberal Fantasy Collapses

Honda just pulled the plug on three major electric vehicles, taking a shocking $16 billion blow in the process. It turns out reality has a nasty habit of catching up with pie-in-the-sky liberal dreams. The company had their eyes glued to a so-called “carbon-neutral” utopia by 2050, sinking billions into cars that most Americans simply don’t want — or can’t actually use.

Let’s be clear: Honda isn’t alone in this mess. Nearly every automaker that went all-in for electric vehicles is racking up monster losses. Ford flushed away $30 billion. Stellantis hemorrhaged $26 billion. Even GM couldn’t escape, losing $7 billion chasing the green mirage. That’s what you get when you let climate cultists and globalists, from Washington to Davos, dictate the rules of the road.

Consumers aren’t buying these machines, and for good reason. Try finding a place to charge your car in vast swaths of Middle America. Now imagine waiting hours at a charger on a freezing night, just to get a few extra miles. Meanwhile, gas stations are everywhere, and filling up takes five minutes or less. No wonder people in the heartland say “no thanks.” These EVs aren’t built for real Americans living real lives — they’re status symbols for rich liberals in coastal cities.

There’s another dirty secret: these electric “marvels” carry sky-high price tags, averaging nearly $60,000. The working class is getting priced out, even as politicians keep pushing subsidies and regulations that benefit big corporations and wealthy elites. And who pays the price? Everyday American families who just want affordable, reliable transportation.

Honda, like too many global giants, listened to the lectures from climate warriors, ignoring what drivers actually want. They forgot what made their brand strong in the first place: common sense, value, and putting the customer first. Now, with profits nosediving and Asian markets turning their backs thanks to overzealous EV spending, Honda admits it’s in deep trouble.

How many more industry giants will have to crash and burn before the left admits the truth? Americans never wanted this electric pipe dream — we want freedom, choice, and cars that work for us. Is it any wonder woke automakers and their political pals keep driving our economy straight into the ditch?

Source: Townhall


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