FORD DITCHED EV production And FELT a SIGH Of RELIEF
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- Äas pĆidĂĄn 10. 09. 2024
- In December 2022, Ford's CEO Jim Farley announced a partnership with 2,000 dealerships for the company's new Model E program. However, after two years of active encouragement, the company is suspending its electric vehicle certification program for dealerships after rolling back requirements late last year. But why the sudden change of mind?
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Timecodes:
0:00 - Intro
The EV Market Hits a Speed Bump - 02:57
The EV Program's High Price Tag - 04:11
Feelings of Betrayal Among Dealers - 05:20
North Carolina Dealers View Program as Intrusive - 06:24
Turbulence in Illinois - 07:18
Ford Pumps the Brakes on EVs - 08:27
Outro - 09:36
#evs
#electricvehicles
#cars
#evnews
#carnews
#fordmaverick
I tried to buy the Mach3 ev, it is too big, too ugly and the confort it was 0. Bad suspensions, bad driving position, the middle front TV is good for nothing, the driver wheel looks like it is in a Transit. The new Explorer if is using the same plathform like Vw id3 od id4 it will be for shure a totally faillure. I have a Eqa250, is ugly too, but the ride is verry good.
the mach e ev is really the electric version of the new edge mustang
Build something small I don't want a tank. I will never buy another ice vehicle.
I will never buy anything other than one.
EVs are garbage long live gas cars!!!!
It is like this AI generated junk can't even do elementary math.
The increase from 2022 to 2023 was 50%. It is 15% for 2024. So, lets say the market was 500k cars in 2022, with 50% increase in 2023, it is now 750k or an increase of 250k cars. Rising again by 15% in in 2024, it is now 862,5000 cars, an increase of around 112k, yet that increase is actually impressive as the overall auto market is significantly slowing down for ICE cars.
This also ignores the context that the overall auto market in 2024 is growing at 3.5% compared to 2023, meaning EV sales growth is about 4x to 5x higher than the overall market including ICE cars.
This is just literally toddler level of AI generated garbage.
But not enough for all the ev makers and most of the ev makers are losing money. Fisker went bankrupt
@@sunglee3935 Fisker was a tiny upstart, many traditional automakers have either gone bankrupt, or are on the edge.
Jaguar has been teetering on bankruptcy for years, Mitsubishi has been on the brink, both GM and Chrysler went bankrupt making combustion engine cars, only surviving because of bailouts, Ford only survived due to massive government loans, etc.
Technology transitions are difficult and expensive for companies. Moving away from an old product type and business model and into a new one is something many companies have massively struggled with, including Sony, Panasonic, IBM, HP, Sears, Motorola, Nokia, Blackberry, etc. etc.
Technology transitions are disruptive. When to leave your legacy business and do the transition is always a tough balancing act.
@@redbaron6805 ford and gm are losing money on evâs. And technology is not mature enough and accidents cause fires. Evâs will not be the only type of vehicles in the future.
@@sunglee3935 Of course they are.
Switching to new technologies is difficult and expensive. Tesla, despite releasing their first car in 2008, and first mass produced car in 2012, lost money until 2020.
By 2023, they were making $13 Billion in profit. By 2024, this happened:
"As of June 25, 2024, Tesla had the highest average net profit per vehicle in the auto industry at $7,000."
GM, Ford, VW, Mercedes, BMW and others will lose money on EV's until factories are built and economies of scale take over.
Batteries are getting better and cheaper, production is ramping up. The losses will decrease until they become profitable.
Building new factories, making batteries and scaling up production is difficult and expensive. Once that is done, is when the profits start.
@@redbaron6805 until there is solid state battery, itâs too dangerous. Accidents cause fires.
Just another low quality, low effort, AI generated bs video Nothing to see here. OLD news.
You just gotta love the E-150 pulling the Airstream. Will it even get across a football field on a charge? NOT LIKELY. Just remember the arithmetic they're using. We sold none this year, we sold 1 next year. And the headline reads 100% growth. Don't fall for this b.s.
Are you seriously this dense....? First of all, it is an F-150, not an E-150, second of all the Airstream is around 5000 pounds, and the F-150 towed a 5300 pound Coachmen trailer around 100 miles. Are you claiming football fields are now more than 100 miles long, instead of 100 yards...? There were 1.2 MILLION EV's sold in 2023, and sales are projected to rise by 15% to 20%, while the overall ICE market is at 3.5% year over year.
So, people shouldn't fall for your failed Arithmetic nor your obviously poorly researched BS.