{"id":55820,"date":"2024-07-25T10:02:41","date_gmt":"2024-07-25T14:02:41","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=55820"},"modified":"2024-07-25T10:02:41","modified_gmt":"2024-07-25T14:02:41","slug":"the-free-market-shows-up","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=55820","title":{"rendered":"The Free Market Shows Up"},"content":{"rendered":"<p>On Tuesday, <a href=\"https:\/\/hotair.com\/tree-hugging-sister\/2024\/07\/23\/gm-is-like-about-that-second-electric-truck-plant-and-stuff-n3792203\" target=\"_blank\" rel=\"noopener\">Hot Air<\/a> posted an article about a recent announcement from General Motors.<\/p>\n<p>The article reports:<\/p>\n<p style=\"padding-left: 40px;\"><strong>General Motors <a href=\"https:\/\/www.cnbc.com\/2024\/07\/23\/gm-slows-its-ev-plans-again-even-as-sales-grow.html\" target=\"_blank\" rel=\"noopener noreferrer\">had kind of a biggish announcement this morning<\/a>, which should anger progressives and the Green grifters.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>So, pretty encouraging for normal people hoping to see manufacturing claw their way free of the madness.<\/strong><\/p>\n<p id=\"isPasted\" style=\"padding-left: 80px;\"><strong><span id=\"RegularArticle-QuoteInBody-1\" class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\"><a href=\"https:\/\/www.cnbc.com\/quotes\/GM\/\" target=\"_blank\" rel=\"noopener\">General Motors<\/a><\/span> said Tuesday <em>it is again slowing its plans for all-electric vehicles by <span style=\"text-decoration: underline;\">further delaying a second U.S. electric truck plant and th<\/span>e <a href=\"https:\/\/www.cnbc.com\/2022\/06\/01\/buick-wildcat-gms-new-concept-car-to-revolutionize-the-brand-for-evs.html\" target=\"_blank\" rel=\"noopener\">Buick brand\u2019s first EV<\/a>.<\/em><\/strong><\/p>\n<p style=\"padding-left: 80px;\"><strong>The <a href=\"https:\/\/www.cnbc.com\/2023\/10\/17\/gm-to-delay-ev-truck-production-at-michigan-plant.html\" target=\"_blank\" rel=\"noopener\">six-month delay in retooling the electric truck plant<\/a> in Michigan, until mid-2026, also means GM will not achieve a prior target of having North American production capacity of 1 million EVs by 2025.<\/strong><\/p>\n<p style=\"padding-left: 80px;\"><strong>&#8230;The changes add new questions about the Detroit automaker\u2019s plans for future battery cell plants other than two current joint venture facilities with LG Energy Solution in North America. GM previously announced plans for <a href=\"https:\/\/www.cnbc.com\/2023\/04\/24\/gm-samsung-sdi-plan-to-build-new-us-battery-plant-sources-say.html\" target=\"_blank\" rel=\"noopener\">four of the multibillion-dollar plants<\/a> in the U.S. by 2026.<\/strong><\/p>\n<p style=\"padding-left: 80px;\"><strong>Barra on Tuesday\u00a0said the company\u00a0would grow cell production in a \u201cmeaningful cadence.\u201d<\/strong><\/p>\n<p>This is partially the result of basic free market forces and partially the result of looking ahead. If President Trump wins the election in November, federal subsides for consumers buying electric vehicles will end. At that point, sales of electric vehicles will drop significantly. General Motors does not want to be stuck with an inventory it can&#8217;t sell. The free market needs to control green energy. The free market will provide incentives for manufacturers to make cars that are truly green. Right now what passes for green energy is NOT green. It includes children working in lithium mines, windmills that break apart and pollute, and windmill blades that have a limited life-span and are not biodegradable. We can do better.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, Hot Air posted an article about a recent announcement from General Motors. The article reports: General Motors had kind of a biggish announcement this morning, which should anger progressives and the Green grifters. So, pretty encouraging for normal &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=55820\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1983,9372,8818,121,317,1583,2710,10589,13440,9951],"class_list":["post-55820","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-electric-vehicle","tag-electric-vehicles","tag-free-market","tag-general-motors","tag-green-energy","tag-hot-air","tag-manufacturing","tag-president-trump","tag-windmill-blades","tag-windmills"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/55820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55820"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/55820\/revisions"}],"predecessor-version":[{"id":55821,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/55820\/revisions\/55821"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}