Posted on 11/21/2023 8:43:08 PM PST by SeekAndFind
“Ford Motor [got] thinking that maybe investing a ton of money and time into something that is not nearly as strong as they believed”
NO! Ford Execs realized that there isn’t enough federal moola to force people into giving up their conventional cars and trucks and going EV, so time to scale back or maybe even exit.
I will hold off on my judgment until TeslaGator tells us what to think.
Losing $36k per vehicle and dismal sales.........
Oversize electric golf cart fanbois hardest hit....
They drive goofy looking Fords, but would never buy on of those EV things.
Electric golf cart fanbois drive ICE goofy looking Hot Wheels things, not EVs.
Ford puts EVs on ICE.
I thought that Michigan battery plant was shut down after the whole city council in the town it was going to be built in was removed from office and replaced by people who stopped the project.
What you thought is referenced in this article!
The politicians will be between a rock and a hard place if the car companies don't go along with the "green agenda."
That is, between the corporate donors and the crazies. Gotta keep 'em both happy.
The Feds will give Ford another $10 billion loan to keep them afloat until 2030. By then, we'll all have to buy EVs.
I’m rebuilding my ‘59 Chevy 3/4 ton.
After that I’ll get to my ‘49 1/2 ton.
If I live long enough. :)
What is truly sad about this is that they are still going to complete the construction (so the chinks still have total access) of the building and are “supposedly” just going to generate 1700 hundred jobs instead of what was initially stated. The fool whitmer still slung 1 billion in state funds for this ? So from what I can see is between federal and state $ ford is hesitant to throw good money after bad because the vehicles suck and communist’s in the house now bother them? If the government is so hot for this crap I know it will fail these turncoats in office are just skimming all along the way,our Republic be damned . They don’t care its not like its their money.
The article states Ford paused construction but a few paragraphs down says construction will be completed by 2026...
the lawn ornaments do not appear to be moving
he is busy on a test drive
EVs are simply traversing the Gartner Hype Cycle. (Google “Gartner hype cycle” cuz I can’t post pics)
EVs were WAY up the hype cycle and are now in the deepest parts of the trough of disillusionment. Most all new and cool technology follows this path. But EVs followed an exaggerated amplitude due to Gummint policies and an uncurious Press.
The good news is that EV technologies can now follow their more natural market-driven patterns.
“Ford puts EVs on ICE.”
I think I read that GM is doing that, too. (Not sure.)
“... It’s not clear why Ford got cold feet: ...”
Lets see ...
- dealer inventory of EVs is rising while sales are dropping
- huge loss on each EV sold
- under the table the dealers are strongly complaining
- ICE sales are strong
- the very real probability that FedGov mandates to the auto manufacturers will disappear in about 15 months
- the very real probability that FedGov strangling of the petroleum industry will disappear in about 15 months
- etc
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