Silver as an investment

Electric Car Fever

ericpetersautos.com / By Eric Peters / August 1, 2017

Maybe you remember Disco Fever.

Mid-70s, United States. For no apparent reason, suddenly everyone seemed to be singing in a high-pitched falsetto voice and wearing skin-tight lycra with open collared shirts displaying chest hair and gold medallions.

It was fun for awhile but got old fast.

Electric Car Fever is now upon us. Laws are being passed – the Brits being the latest – mandating the production of electric cars by outlawing the production of cars powered by internal combustion.

This will get old fast, too.

King Canute could decree that the tide not come back – and politicians can decree that we’ll all be driving electric cars by “x” year, not too far from now. But wishing – and decreeing – can’t overcome reality. It can just make things really expensive and difficult for us.

One reality almost no one seems willing to talk plainly about is the fact that hundreds of thousands of electric cars queuing up to spend 30-45 minutes each at a recharging port is as ludicrous in concept as waiting that long at McDonald’s to get a burger. Especially when there is a Wendy’s across the street that’ll get a burger in your hands and you back on the road in less than 5 minutes.

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