According to recent reports, car dealers are informing auto manu facturers that they have too many electric vehicles on their lots and are dialing back orders until their current inventory is soId. Scott Kunes, Chief Operating Officer at Kunes Auto and RV Group, explained that his company is turning away additional EV inventory.
“We have turned away EV inventory. We need to ensure that we have a good turn on it,” he said, as reported on Business Insider. Kunes said that automakers are “asking us to make a Iarge investment….and we’re just wanting to see some return on that.”
Sam Fiorani, Vice President of global vehicle forecasting at AutoForecast Solutions, outlined how EVs aren’t practical for many Americans as they would have to alter their lifestyle when switching from a gas-powered car. “It’s not just that these vehicles are expensive — which they are. We’re talking about a much more nuanced Iifestyle change,” said Fiorani. EVs obviously have a more constrained range than gas-powered vehicles, and charging stations can be sparsely located.
EVs are also notably more expensive than traditional combustion engine-based cars. According to Consumer Reports, the average sale price of an EV is over $61,000, or $12,000 more expensive than the overall average in the auto industry. “It’s hard for the average customer to make that leap while spending an extra $10,000,” Fiorani continued.
Electric vehicle horror stories have also plagued the news, where consumers share personaI anecdotes of the dysfunctionality of these cars. Recently, a Ford F-150 Lightning owner was forced to ditch his EV on a road trip from Winnipeg to Chicago.
The all-electric Ford pickup retails for well north of $100k. However, based on the sentiment from disgruntled consumers, it seems this truck does not live up to its price tag. The man called electric vehicles the “biggest scam of modern times” after his experience with his F-150 Lightning.
While many have lofty projections for EVs in the Iong term, it’s safe to say that these vehicles are not ready to replace the reliability of traditional automobiles. Although, this hasn’t deterred some woke, blue states in the U.S. from preemptively enacting electric vehicle mandates.
For example, California announced it would ban the sale of new gas-powered cars by 2035. Such mandates have drawn concern, particularly from automakers who will be forced to play within the guidelines of these new regulations.
“Whether or not these requirements are realistic or achievable is directIy linked to external factors like inflation, charging and fuel infrastructure, supply chains, labor, critical mineral availability and pricing, and the ongoing semiconductor shortage,” John Bozzella, president and CEO of the Alliance for Automotive Innovation said in a statement. “These are complex, intertwined and global issues.”
Also, many concerns surround the feasibility of a mass transition to electric vehicles. As it stands, this could limit people’s autonomy as driving ranges are limited and charging infrastructure is insufficient. Furthermore, there couId be an affordability crisis as many Americans can’t even afford a new car, let alone the price of a new EV.
Monica Lewinsky Leaves Behind A Fortune That Makes Her Family Cry
Unexpectedly, Monica Lewinsky—who rose to fame as a result of her role in one of the most notorious political scandals in American history—has returned to the news. This time, the motivation is significantly more profound and intimate. It has been alleged that Monica Lewinsky left behind a significant fortune that has her family in tears.
In recent years, Lewinsky, who is currently in her 50s, has mainly avoided the spotlight in favor of her advocacy work, writing, and public speaking. Lewinsky had a turbulent history and endured intense public scrutiny, but she went on to have a great career and accumulate a sizable fortune. Her family is astonished and saddened by the revelation of her wealth that came to light after her recent passing.
Lewinsky did not have an easy time getting wealthy. She had a difficult time getting back on her feet following the incident, dealing with a lot of personal and professional obstacles. She was able to remake herself, nonetheless, because of her tenacity and resolve. After graduating from the London School of Economics with a master’s degree in social psychology, she went on to become a well-known author and speaker, tackling topics like public humiliation and cyberbullying.
Millions of people watched her TED Talk on the subject of public humiliation, which enhanced her standing as a formidable change agent. She also started working as a producer, contributing to films and projects that discussed her experiences as well as the wider effects of public humiliation in the digital era.
Even though Lewinsky was well-known in the public, she was surprisingly quiet about her financial situation. The entire size of her riches was not disclosed until her will was read. Through her numerous pursuits, such as television initiatives, speaking engagements, and book sales, Lewinsky had amassed a wealth. Her family has since received this windfall, which is reportedly worth several million dollars; nevertheless, they were not aware of the entire extent of her success.
Lewinsky’s family sent a statement expressing their sincere appreciation and grief. “Monica was a devoted sister and daughter, and we were daily inspired by her tenacity and fortitude. Her kindness and the impact she leaves behind astound us. We will never forget the good effects she had on so many lives and her contributions to society.
Lewinsky’s tale demonstrates her amazing capacity to change her life in face of overwhelming circumstances. Her financial legacy is evidence not only of her accomplishments but also of her dedication to providing for her family and changing the world for the better. Even if her death signifies the end of an era, her influence and the results of her labor will have a lasting effect.
Her family finds solace in the knowledge that Monica Lewinsky left behind a legacy of fortitude, empathy, and unwavering strength as they cope with their loss. Her life, which was filled with incredible highs and lows, is a potent reminder of the ability for human rebirth as well as the eternal value of compassion and advocacy.
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