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Ford retires gas-powered cars in electric vehicle expansion
The Street ^ | 8/29/23 | Kirk O'neil

Posted on 08/31/2023 12:51:38 PM PDT by DallasBiff

Ford is retiring three internal combustion engine models – the Escape, Edge and Transit Connect – to make room for new electric vehicles.

Legacy automobile companies that have been producing internal combustion engine vehicles for decades have been addicted to their gas-powered models as electric vehicles began to make their mark over the past dozen or so years. Those companies have slowly begun to make commitments to transition to all-electric, but some have been changing at a snail's pace.

(Excerpt) Read more at thestreet.com ...


TOPICS: Business/Economy; History
KEYWORDS: ev; ford
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To: JBW1949

Is there any car company saying no to this crap? I’m so sick of hearing about electric cars. I’m more disgusted about the federal government spending money to add electric charging stations across the country. Did the federal government do this for gas stations? No. It was done through expansion over decades and the gas station owners paid for them. What crap!


41 posted on 08/31/2023 2:46:17 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: sasquatch

Dump Ford Stock now.


42 posted on 08/31/2023 2:52:18 PM PDT by chopperk ( )
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To: DallasBiff

Ford getting out of the automobile business ... going full bent into hopium business.


43 posted on 08/31/2023 2:52:55 PM PDT by RetiredTexasVet (Biden not only suffers fools and criminals, he appoints them to positions of responsibility. )
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To: napscoordinator

It pushes toward their bottom line of complete communism and total control of the people...


44 posted on 08/31/2023 2:55:48 PM PDT by JBW1949 (I'm really PC.....Patriotically Correct)
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To: napscoordinator

I understand Toyota is is backing off on committing to all EV.


45 posted on 08/31/2023 2:57:12 PM PDT by Cold Heart
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To: Cold Heart

Thats great to hear. That’s all I’ve owned in 30+ years.


46 posted on 08/31/2023 3:02:31 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: JBW1949

Just frustrating so much. But much does now a days.


47 posted on 08/31/2023 3:03:05 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: JBW1949

Yep. Goodbye Ford.


48 posted on 08/31/2023 3:04:08 PM PDT by DownInFlames (P)
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To: Osage Orange

I have a Toyota truck and a VW bug convertible. They are here to stay.


49 posted on 08/31/2023 3:06:40 PM PDT by Texas resident (We are living through Barak's fundamental transformation)
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To: napscoordinator

To be honest, I’m kinda glad I’m old...I don’t think I’ll live to see the complete fall of our country, but I feel for my grandchildren...


50 posted on 08/31/2023 3:07:15 PM PDT by JBW1949 (I'm really PC.....Patriotically Correct)
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To: Texas resident

YEAH....I GET IT.


51 posted on 08/31/2023 3:18:56 PM PDT by Osage Orange
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To: Dilbert San Diego
Can these companies afford this transition? Are they getting tax credits, or some other benefits, for the transition?

They'll lose billions in the next 12 years. EVs are only affordable for the Liberal Elite and most of them have already bought their EVs (mostly Teslas).

Right now that's 80% of us not buying an EV.

The battery is expensive. The technology is not going to make it cheaper compared to ICE vehicle, at least not by 2035.

52 posted on 08/31/2023 3:22:08 PM PDT by MinorityRepublican
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To: DallasBiff

New EV’s that almost no one is buying.

I’m tellin’ ya, in 20 years we will look like Cuba with hardly any new cars on the road. Most will be older cars kept alive because no one wants the EV crap.

In 50 years when (hopefully) battery technology advances to the point it’s cheap and can charge in under 5 minute, then we will see a transition to EV’s. Today’s EV’s are throwaway cars. Once the batteries wear out, the car isn’t worth enough to maybe find a set of replacement batteries.

Today’s EV’s are the Bic lighters of cars.


53 posted on 08/31/2023 3:25:41 PM PDT by Boomer (X-Twitter is NOT a free speech platform. The scummy Marxists are back in charge. )
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To: BigFreakinToad

Don’t be. Toyota is supposedly getting rid of it’s six cylinder in a lot of cars and SUV’s as an option, replacing it with a four cylinder turbo. What could go wrong?


54 posted on 08/31/2023 3:31:37 PM PDT by john drake (Lucius Accius-Roman,170 BC - "oderint dum metuant" translated "Let them hate so long as they fear")
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To: DallasBiff

Nighty night Ford.


55 posted on 08/31/2023 3:39:58 PM PDT by jmaroneps37 (Freedom is never free. It must be won rewon and jealously guarded.)
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To: DallasBiff

Put that car seat with 2 month old right over all thos high EMF waves and see what happens


56 posted on 08/31/2023 4:26:02 PM PDT by inchworm (al )
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To: JBW1949

I’m 54. Sometimes I wish I was 84. It’s going to be so ugly.


57 posted on 08/31/2023 5:14:32 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: MinorityRepublican
Not only are the parts expensive, but the market for used electric and even some hybrid vehicles is nothing like the market for used vehicles with gas engines.

I have seen some electric and even hybrid cars lose value much faster than models with gas engines.

Less resale value is a major problem for manufacturers and dealers because it causes owners to keep cars longer.

58 posted on 08/31/2023 5:50:24 PM PDT by freeandfreezing
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To: freeandfreezing
An used EV is worthless because you don't know how many miles you can get out of it before you need to get a new battery. When that happens, you'll have to total it because it's too expensive to replace the battery.

Here are a couple of price examples:

Anywhere around $13,000-$20,000 for Models S

At least $14,000 for a Model X premium SUV

At least $13,000 for a Model 3 entry-level sedan

59 posted on 08/31/2023 6:01:25 PM PDT by MinorityRepublican
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To: DallasBiff

Ford is obviously betting on the Democrats winning in ‘24 & then forcing consumers to buy these electrical junkers while forcing gas powered vehicles off the roads through extreme gas prices.

If Trump wins in ‘24, Ford will go bankrupt & then beg the Republicans for a bailout, which they will likely grant. Ford stockholders will lose big, the workers will lose big, but Ford will survive, as will most of Ford’s high paid executive staff.


60 posted on 08/31/2023 7:31:53 PM PDT by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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