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Ford hits the brakes on $12B in EV spending

22 pointsby mgraysonover 1 year ago

5 comments

sseagullover 1 year ago
The headline basically says it all.<p>My 15 year old car is starting to get some issues so I was browsing some EVs. They are literally twice as expensive as a comparable ICE car, even after tax incentives. With interest rates where they are, 22k vs 44k is a huge difference. They are just unaffordable for a lot of people.<p>(Also, was looking for a sedan. They don’t seem to make a lot of EV sedans, and I find the hatchback type ones kinda ugly. That’s just me though)
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linuxftwover 1 year ago
The originally announced F150 lightening price was under $40k, and there were also some incentives IIRC. The cheapest ones are about $60k now. A lot of people were interested in the truck for the lower $30k&#x27;s, but much more than that is a non-starter.<p>The marketing for these vehicles is also laughable. Instead of advertising real-world range for a 10k towing load, they talk about how it can power your blender.<p>The mustang mach-e is another flop. A lot of people rushed out to buy one during the supply chain crunch, values shot up, now Ford can&#x27;t give them away.
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slawover 1 year ago
What is blocking import of EVs from China. I saw 3000-4000 RMB ~ $400 electric scooters in China that I would use in US instead of a car for local trips.
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userinanotherover 1 year ago
Evs are great fun toys that I would absolutely recommend to anyone that can afford them and lives in a 2 car household. They are not currently an acceptable replacement for an ICE car in the United States due to infrastructure problems. I would bet we need 10-15 years to get that to an acceptable state
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Klaster_1over 1 year ago
Can the price pressure reduce the amount of cars overall after IC cars are outlawed?
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