What's Good for GM is Good for Red China

In late January, General Motors (GM) said it plans to stop selling vehicles with tailpipe emissions by 2035. That means GM won’t sell any gas- or diesel-powered vehicles, the types of cars that now account for nearly all GM sales and profit. That would require an all-electric fleet, powered off the electrical grid, as with most current electrics, or perhaps through on-board fuel cells powered by hydrogen. While most automakers are developing electric vehicles, GM is the first big one to commit to a full transition. [More]

You don't say:

"China controls the processing of pretty much all the critical minerals, whether it's rare earth, lithium, cobalt or graphite”...

And, of course, Western demand will be what is blamed for the exploitation of Africans, where the material is mined, kind of like the whole "blood diamonds" brouhaha, which has essentially given globalist elites control of restricting supply sources and adding "compliance" costs. So count on Western consumers being the ones funding the resultant rare earth "reparations" wealth transfers while China gets a pass akin to their skirting the carbon credits tab for "climate change."

And our economic fascist "capitalists" are happy to sell the rope, or short sell it as the case may be.

As an aside, in terms of the state of electric cars today, I've wondered why, instead of spending hours charging one, you couldn't drive to a station and have batteries swapped out. Kind of like we used to do with VHS tapes at the video store, or propane tanks where you trade in empties. Pull in, swipe your card or pay the cashier, and what substitutes for the "pump" auto-extracts the old battery and replaces it with a new one that then routes to a charging station to be made available to a later vehicle. Meanwhile, the driver is fully charged, in and out in minutes. Aside from there being no standard, like in the VHS/Beta wars ...

[Via Mack H]