I was going to post this before my man
@WVU82 beat me too it, but I can tell you all that facility was primarily for our our F-150 Lightning EV. Truth of the matter is they're not selling....they're piling up in dealer lots. We've had a some commercial fleet contracts we've been back filling orders with, but even with those...demand for these vehicles has been sluggish.
Primarily they are impractical and expensive...both to own and maintain. Ford won't be the only manufacturer taking a hit on these vehicles either....the EV market overall has been soft and many manufactures who invested billions hoping to capitalize on the much anticipated EV craze are now left holding millions in unsold inventory and damn near unrecoverable capital expenditures.
It's a mess right now, compounded by the scarcity of available credit for struggling automotive consumers who simply cannot afford these expensive vehicles without major financing.
read more here
Ford temporarily suspends production of all electric truck as demand remains sluggish
excerpt:
Ford
announced Thursday will be pausing its F-150 Lightning production for a couple of weeks until the beginning of the new year. It is the latest setback for the F-150 Lightning, a blockbuster Ford product that has missed sales targets and necessitated
cost-cutting measures and layoffs at Ford’s Dearborn, Michigan plant. The delay comes only months after
Ford announced plans to scrap an all-electric sport-utility vehicle and push back production of its upcoming all-electric truck.
...more
Electric vehicles have been at the center of the Biden administration’s climate change agenda through a mix of investments, subsidies, and environmental regulations to disincentivize gas-powered vehicle production. Auto-makers have responded to these incentives with billion-dollar investments in their electric vehicle fleets that have not always achieved profitability.
...“
American automakers and workers are paying the price for policies that ignore real consumer demand and instead impose costly electric vehicle mandates. These one-size-fits-all regulations are not only straining manufacturers but also threatening jobs and economic stability. It’s time to prioritize policies that support market-driven solutions and protect American industries,” said American Energy Institute CEO Jason Isaac.
Thanks creepy Joe.....
Hey, I don't know anything about those EVs, Hell I don't even remember where I parked my Corvette?
So Kamala, are YOU going to scrap this failed "new green deal" if you're elected or is "nothing going to change" just as you said?
Well, what do you think atl? Ha...ha...ha...ha...ha...ha...ha...ha...ha...
Oh I already know 'ya cacklin' Communist....
that's what worries me!
