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Opinion | The Arab Oil Embargo and Bad Energy Policy's 50th Birthday - The Wall Street Journal

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An electric car charges at the 2023 Miami Electrify Expo in Miami, Fla., Oct. 15.Photo: cristobal herrera-ulashkevich/Shutterstock

It hardly qualified as news. The “second wave” of electric-vehicle buyers isn’t materializing, the Journal

reported this week. What a surprise.

To lure the first wave took thousands of dollars in taxpayer handouts to each buyer and thousands more in subsidies to encourage companies to build the EVs in the first place. And these buyers were the enthusiasts. How much more will have to be piled on the table to lure those customers who aren’t bewitched by EV cultural and technological appeal and care about having a useful car at an affordable price?

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Opinion | The Arab Oil Embargo and Bad Energy Policy's 50th Birthday - The Wall Street Journal
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