Ford Electric Mustang's Price Increases More Than Biden's Tax Credit: is anyone surprised?

Biden wants us to all give up our gas-driven cars and purchase EV cars instead. He is bribing the public up to $7,500 in a tax credit to anyone who buys an EV.

But his drunken sailor-in-a-whorehouse spending isn't matching the inflated costs of vehicle manufacturing, so the money he's handing out in tax credit is a joke. 

The price of the Ford Mustang Mach-E will increase up to 8,475 starting September due to the "significant material cost increases" and "evolving market conditions," the company said. Of course, the increases of materials is due to the Biden inflation, but Biden hopes you won't notice. [H/T Daily Wire]

The new price tag on the Mustang EV for the 2023 model will increase on Tuesday of next week, in response to the Democrats' Inflation Reduction Act, a massive climate spending bill that handed out tax credits to Americans willing to purchase certain EVs and will only increase, not decrease, inflation, as we are already seeing in this example.

“Ford is adjusting the MSRP on the Mustang Mach-E due to significant material cost increases, continued strain on key supply chains, and rapidly evolving market conditions, and will continue to monitor pricing across the model year,” the Michigan-based motor company explained.

The Mustang Mach-E 2022 models were priced between 44,000 and $62,000, but the 2023 makes of the EV will cost as high as $70,000 with the cheapest option being $47,000. Earlier this month, Ford also increased prices on its electric pickup truck, the F-150 Lightning, according to CNBC. Tesla, Rivian, Lucid, and GM have also raised prices on EVs this year, all for the same reasons.

Got inflation?

Prices of EVs have been increasing prices as electric battery costs shot up during the pandemic. Battery materials such as lithium, nickel and cobalt have become difficult to acquire, and China basically has a monopoly on cobalt and lithium production. Biden's supply chain issues have caused the cost of raw materials for EV production to double from March 2020 to May 2022.

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According to the Department of Energy, the 2022 Ford Mach-E qualifies for Biden’s tax credit. The 2023 model, however, did not appear on the department’s list of EVs that qualified.

And if the goal of electric vehicles is to reduce carbon emissions and pollution, they are an abject failure. It takes fossil fuels to generate most electricity in the USA and the disposal of EV batteries causes significantly more ground pollution than a village of Democrats with private jets on their way to a climate summit.

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Study: Electric cars have much lower quality than gas-fueled cars

A new study has come to conclude that EVs are significantly inferior to gas-powered vehicles, leaving gay transportation secretary Pete Buttigieg to ask himself, "What, me worry?"

People who own battery-electric cars and plug-in hybrids report more problems with their vehicles than owners of gas-powered cars, according to a June 28 study by consumer research company J.D. Power. In fact, the researchers found that while gas-powered vehicles average 175 problems per 100 vehicles, generic battery-powered cars [excluding Tesla models] average 240 problems per 100 vehicles, and hybrids average 239 problems, the study finds.

Tesla EV cars averaged 226 problems per 100, the report found, and were listed separately “because the predominance of Tesla vehicles could obscure the performance of the legacy automakers that have recently introduced BEVs,” J.D. Power said.

🔋⚡️🚗 Owners of electric vehicles, both BEV and PHEV, cite more problems with their vehicles than do owners of vehicles with internal combustion engines, according to insights from the #JDPowerIQS

Learn more from @Automotive_News > https://t.co/8wErgAkvwl

— J.D. Power Autos (@JDPowerAutos) June 28, 2022

EVs average about $10,000 more than gas-powered vehicles and based on these findings, are not a good value for the money.

Since electric cars, on average, cost $10,000 more than gas-powered vehicles, this suggests that EVs do not live up to their hype of being a good value for the money. Moreover, it's the taxpayer who pays the billions of dollars in "green subsidies" which end up enriching Communist China, the world's number one polluter.

China produces the lithium-ion batteries for EVs and disposal of these batteries pollute the environment like a John Kerry private jet.

“Due to heavy government subsidies, China dominates the global production of lithium-ion batteries and their precursor materials, especially graphite,” The Federalist reported. “China’s graphite production has notoriously contributed to significant pollution in the country.”

The Biden administration's push and manipulation for EV use by the American public has created a situation where US subsidies bankroll Communist China's pollution production while pretending to clean up the environment.

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Biden's handlers had him sign an executive order in August 2021 forcing us to have electric cars comprise half of all new vehicles sold in the United States by 2030, all in the name of combating climate change.

So, as it turns out, this study shows how Biden's crappy energy policies is our spending more money for crappy products.

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