For The Future Of EVs, What Policy Is "Stupid"?
/Over the past couple of years, I have had several posts here expressing skepticism about whether electric vehicles (EVs) were really the wave of the future. Most recently, I had a post on December 17 noting the rapid decline of EV sales in the U.S. during the fourth quarter of 2025, following the expiration of certain tax credits on September 30.
Overall, my take has been that the EV market has been propped up by government subsidies and benefits and, like all businesses dependent on government handouts, would likely shrink drastically (if not completely disappear) without them.
For a different take, you might wonder where The New York Times stands on this. Well, I have your answer. Yesterday, they gave over a big chunk of their editorial page to an op-ed by a guy named Bill Saporito, headlined “$25 Billion. That’s What Trump Cost Detroit.”
The thesis is that EVs are wondrous products, and that American EVs would be conquering the world, and earning big profits for the automakers, but for a “war” against EVs instigated by President Trump.

