Ford's Model e division is now losing over $100,000 per EV sold. As a result, the carmaker is looking to scale back EV production, according to industry insiders who claim Ford has cut back on battery orders significantly.
I think it’s funny this news comes out just after they add a 100% tariff to Chinese EVs. I’d of course not want to see US automotive industry destroyed by cheap Chinese EVs but there’s no way the US cannot compete
I think it’s funny this news comes out just after they add a 100% tariff to Chinese EVs. I’d of course not want to see US automotive industry destroyed by cheap Chinese EVs but there’s no way the US cannot compete