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The EU has instituted onerous fuel-economy and carbon-emissions rules, causing many European automakers to declare that soon they will be building only electric cars. The EU determined that cars propelled by batteries emit no carbon that could be destroying Planet Earth; so they are prompting carmakers to quit making gasoline and diesel-powered cars. These changes are imminent, with Volvo (now owned by a Communist Chinese company) having announced last year that by 2030 they will only be producing electric cars. Just last week, Daimler, which makes Mercedes Benz cars, also announced that it will go all-electric by the end of the decade. Jaguar has announced that it will be all-electric by 2025.
So, what if you have aspired to own a Jaguar or Mercedes. Will you buy that electric car and risk being on foot if the power goes out? What if you will never be able to trade in that gas-powered Volvo for the newest model? Are you looking forward to the government essentially owning your car? Most electricity is provided by government-sanctioned utilities, so you will have few options for fueling up if all you are allowed to own and drive will be some kind of electric car. General Motors and Ford have also announced that they will be moving to building mostly electric cars. California and Washington have already passed laws against gasoline-powered cars.