Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans

8 comments

1. Basically, the huge-personal-truck model doesn’t work so well with batteries. Making them cheap means making them small…which Ford didn’t try to do

2. China makes better EVs and the world knows it. Ford makes … bad decisions.

3. And ask for taxpayer bailouts… Again. And again…

4. Maybe we need more public transport Jon and not EVs

5. Peak murica logic. We’ve tried nothing and we’re all out of ideas. We could try making normal sized sedans, wagons, and vans again but nah that’ll never work. 

6. This will be known as their undoing.

7. Then they will pay again to re-enter the market late, after other brands are well established in the EV market.

8. All 19.5 B will be a write off and paid for by working class taxpayers while paying 5 per gallon for gas …

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