The Biden administration’s Environmental Protection Agency (EPA) has revealed its ambition: to phase out gas-powered cars in favor of electric vehicles (EVs). Incredibly, this announcement comes as we are flooded with overwhelming evidence that EVs are a market loser.

CEO of Hertz Stephen Scherr has been booted out due to a vast purchase of an EV fleet that consumers didn’t even want to rent. The company has now been forced to sell them at a deep discount and in a market where consumers are not particularly interested.

I’m not knocking some uses for EVs. If you think of them as enclosed and souped up golf carts, you get the idea. They can be wonderful for certain urban environments so long as you don’t overuse them and have to get them repaired. You also have to be in a financial position to afford the higher costs all around, from financing to insurance to repairs and tires. And you have to be prepared to take a big loss on resale, if you can even manage to find a buyer.

if the United States truly switched over in a big way from gas to electric, we would face other disasters. The wear and tear on roads is much worse due to the sheer weight of the cars, which is 25 percent higher than gas cars on average. Many parking garages would have to be rebuilt with new reinforcements.

Then there is the strain on the grid. There is no way the industry could handle the demand. Brownouts and travel restrictions would be essential. All this would pave the way toward 15-minute cities.