GM opens EV factory in Ontario

Trudeau and Ford made a big deal, as usual, of this event. I predict that in less than three years this is going to prove to be a disaster, the way of the ethanol and the biodiesel. EVs are just the new hoopla politicians around the world love to exhibit when go on new spending sprees. Ford says "The market dictates and the market’s going to be EV". But the provincial and federal governments each invested $259 million. How exactly is this "the market"? And that is not investing, that's spending. If it was investing private entities would do it. The federal government offers up to $5,000 off the cost of new electric cars. Is that supposed to be investing as well? It's just more manipulation of the market, so that when the entire EV global scheme collapses they have the market to blame it on. At a time when people are struggling to find ways to spend less and save money to fight rising cost of living and interest rates, politicians throw more than half a billion dollars at their cosmic vision.