They are not selling
Memo from American people: Come back when we feel like buying EVs. Pack a lunch.
“Ford lost $132,000 on each electric vehicle it sold in the first quarter of this year”
So just raise the price $132,000 on each electric vehicle instead of raising the price on ICE vehicles.
They’re waiting for Joe’s reelection.
That’s a no brainer
I’ll forgo ICE/hybrid vehicles in the future once Mr. Fusion makes its way into the market. Great Scott! :)
I remember a new CEO of a car company, about 10-15 years ago. After a few months on the job, he announced “I thought I was going to run a car company, but it is more like a health care and retirement company.” I would never deny anyone their pension, but when you have thousands and thousands of people receiving monthly checks / benefits, and not producing one car, the system will eventually fail. Combine that with today’s EV madness, and is it any wonder car companies are “scaling back.”
In China there are huge fields of brand new EVs. Reminds me of the Soviet Union farm tractor factories. Every day the workers would ‘fulfill’ their government mandated quotas. Outside the factory, hundreds of brand new tractors sat rusting away. Command and control economies only control the people.
Drill, baby, drill.
Delaying sounds much better than cancelling. Cancelling would have brought the attention of big government liberals and the environment wackos, and accusations of destroying the environment would have caused major headaches to the car-maker.
delay, delay, delay. Until cooler or saner heads prevail.
Electric pickups just sound too much like tofu-infused steak.
Easy.
Hook two trucks up to two identical trailers.
One is a fully charged lectric.
The other is a fully gassed IC.
See how fast they can get from Denver to Reno.
“Temporarily postponed, until the 12th of Never!”
Who in their right mind would want one of these crappy vehicles? Even with the taxpayers being forced to subsidize this greenie madness, they are not worth the money. I hope they have tens of thousands unsaleable. LOL.. More popcorn!
I have a Ford Lightning. Best vehicle I have ever owned. Yes Ford is losing money on it. It is new tech. Tesla was losing money when they started out building ev’s. Batteries will get better and cheaper. Charging will become faster. The only problem is will there be enough electricity in 10 years?
How much $$$ is senile Joe giving Ford to push this failed experiment?
I’m against this.
Delayed until never would be the most sensible option