KENNEDY: WELCOME WEB
DEMOCRAT DEMAINED FUTURE OF
ELECTRIC VEHICLES START
NOW.
WHETHER YOU LIKE IT OR NOT.
A LOT OF PEOPLE DON’T
ACCORDING TO NEW YORK TIMES
REPORT EPA PROPOSING PLAIN
TO MAKE ELECTRIC VEHICLES
THE MAJORITY OF CARS BY
2032.
THAT IS LESS THAN A DECADE
FROM NOW.
ONLY 5. 8% OF CARS SOLID
SOLD LAST YEAR WERE
ELECTRIC.
>> THAT IS NOT ONLY
PROBLEM.
EVEN AUTOMAKERS SAY THE GOAL
IS IMPOSSIBLE.
NOT TO MENTION THERE ARE
NOWHERE NEAR ENOUGH CHARGING
STATIONS IT BIDEN A ELECTRIC
VEHICLE PLAN GOING TO GET
OUT OF THE DRIVEWAY OR A TAIL PIPE DREAM.
TAIL PIPE DREAM.
JOINING ME TO DISCUSS,
WELCOME.
>> HOW ARE YOU.
KENNEDY: I’M -- STILL DRIVE
A GAS VEHICLE.
I LIKE THE SMELL OF GAS, I
LIKE THE FEEL OF A CAR WHEN
IT ACCELERATES WITH FUEL
COURSES THROUGHS THIS GUTS.
I THINK THIS IS TOO MUCH TOO
FAST.
AND THE MARKET IS NOT THE
THING DICTATING US, ARE WE
IN TROUBLE IF WE FOLLOW
THROUGH THE REGULATIONS?
>> YEAH, ABSOLUTELY, THINK
ABOUT THIS.
LIKE BEIJING BIDEN STRIKES
AGAIN.
ANOTHER CLUELESS HAIR
BRAINING PLAN THAT ACTUALLY
HAS NO BASIS IN REALITY.
WHEN YOU THINK ABOUT THE
FACT THAT LIKE YOU SAID LESS
THAN 10% OF CARS SOLD LAST
YEAR WERE ELECTRIC.
AND MOST OF THESE ELECTRIC
CHARGING STATIONS ARE
POWERED BY SHOCK FOSSIL
FUEL.
IT IS ALMOST LIKE THEY DON’T
COULD HOW IT WORKS, NEVER
MIND THE FACT THAT THESE
EV BATTERIES ARE REALLY
IMPOSSIBLE TO MANUFACTURE
HERE IN THE UNITED STATES,
MAKING US.
DEPEND ON CHINA WHO CONTROLS
THE RARE EARTH MINERAL
SUPPLY CHAIN.
CHINA WILL CONSIDER
SUSPENDING EXPORT OF RARE
EARTH MAGNETS WHICH ARE A
CRITICAL COMPONENT IN
ELECTRIC VEHICLES AND WIND
TURBINES.
>> AUTO INDUSTRY HAS
COMPLAINTS OF THEIR OWN WITH
SUPPLY CHAIN ISSUES WITH THE
ELECTRIC VEHICLES, NOT JUST
THE BATTERIES, THERE ARE A
WHOLE HOST OF THINGS, BUT
ALSO, IF YOU ACCELERATE THIS
TIMELINE SO MUCH, YOU MAY
MIND A LOT OF PEOPLE IN VERY
CRITICAL MANUFACTURING
STATES WHO WILL BE OUT OF
WORK, BECAUSE IT TAKES A LOT
FEWER PEOPLE TO BUILD A
ELECTRIC CAR THAN IT DOES TO
BUILD CARS WITH COMBUSTION
ENGINES.
>> NEVER MIND THE FACT THAT
WE WENT FIND ANY DO WORK,
TALK TO ANYONE IN ANY
INDUSTRY, THEY ARE HURTING
FOR RELIABLE LABOR.
INTERESTING TODAY, I WAS AT
A MINING OPERATION, A
PHOSPHATE MINING OPERATION.
WE WERE TALKING ABOUT THE
FACT THAT PHOSPHATE, USED IN
VIRTUALLY EVERYTHING, IT IS
IN EVERYTHING INCLUDING COCA
COCA-COLA, YOU NAME IT THESE
HAVE NOT -- MINERALS HAVE
NOT BEEN LISTED AT
CRITICAL.
WE’RE LOOKING OVERSEAS FOR
CRITICAL MINERALS THAT IN IN
NEARLY EVERY ASPECT OF YOUR
LIVES, BIDEN ADMINISTRATION
SAYING WE WANT TO MAKE A
MOVE FORWARD EV ’S AND
SUPPORT MINING EFFORTS THEY
THROW 500 MILLION AT IT ONE
OF NIECE, JUST ONE OF THESE
MANUFACTURER PLANTS COSTS 5
BILLION.
LAST WEEK I WAS WITH A LOCAL
DEALERSHIP, HE WAS SAYING,
THESE IV BATTERIES ARE GOOD
FOR ABOUT 10 YEARS, YOU
CAN’T FIND THEM WHEN YOU
NEED THEM, THEY DON’T HAVE
TECHS TO REPLACE THEM, THIS
IS A DISASTER WAITING TO
HAPPEN.
THIS IS NOT FEASIBLE TODAY.
KENNEDY: IT IS NOT FEASIBLE
WHEN AVERAGE PRICE OF AN
ELECTRIC VEHICLE IS AROUND
60 THOUSAND A YEAR.
WHICH IS MORE THAN THE
MEDIAN INCOME FOR AMERICANS
HARD WORKING IN THIS
COUNTRY.
IT SAY TOUGH SELL, I KNOW IN
THE LEGISLATION, THE
INFLATION REDUCTION ACT
THERE IS A 7500 DOLLAR
INCENTIVE FROM THE
GOVERNMENT.
BUT, LIKE, THAT REALLY
DOESN’T LOWER THE PRICE OF
THE 70 THOUSAND DOLLAR CAR
ENOUGH TO BE THAT ATTRACTIVE
TO PEOPLE.
>> YEAH.
NO.
THAT SEEMS TO BE THE JOKE OF
THE BIDEN ADMINISTRATION.
ONE OF MANY.
WHERE THEY SAID, YOU ARE
CONCERNED ABOUT RISING GAS
PRICES, YOU PEASANT GO OUT
AND BUY AN ELECTRIC VEHICLE
THAT COSTS 80 THOUSAND
DOLLARS.
IT IS ABSURD HOW OUT OF
TOUCH THIS ADMINISTRATION
IS.
FROM THE FACT THAT WE DON’T
HAVE THE MINING CAPABILITY
BECAUSE THEY IGNORE THE FACT
THEY SHUT DOWN PERMITTING
FOR ANY DOMESTIC PRODUCTION
WHETHER IT IS FUEL OR
MINERALS.
AND THEN SUPPLY CHAIN IS
DEPENDENT TO NATIONS THAT
DON’T LIKE US LIKE CHINA.
HOW MUCH MORE --
>> GUESS WHAT.
>> HOW MUCH MORE WRITING ON
THE WALL.
KENNEDY: WE MIGHT BE GOING TO WAR WITH THEM,
TO WAR WITH THEM,