Ford just hit the brakes on its big electric vehicle ambitions, proving once again that even billions in subsidies and woke mandates can’t make Americans want EVs.
After hemorrhaging cash (losing $13 billion over two years), Bridge Michigan has reported that Ford announced that it is slashing its EV lineup to include the all-electric F-150 Lightning that was lavishly bankrolled by taxpayer money. Ford is citing financial losses, bad sales and regulatory changes for their new plans to concentrate on batteries, hybrids and less expensive EVs.
Yes, that’s right: mountains of government cash didn’t lure buyers. Instead, Ford will be using the Marshall megasite to concentrate on residential batteries instead of electric- vehicle batteries. And the promised jobs by Michigan democrats and Ford (2,500) was a joke. 100 people currently work at the facility.
That leaves the Democrats’ big EV dreams gathering dust.
Turns out, shoving EVs down everyone’s throat with regulations and incentives is a great way to push Democratic priorities – just not vehicles people want to buy. Now that the Democrats’ $7,500 tax credit for EVs has been axed by Trump, demand has plummeted even more. Shocker.
And let’s be clear: Democrats KNEW this would happen all along. They were gambling that the clock would run out and they would have time to kill the gas-vehicle market before Republicans got back in charge and sanity ruled again.
Without a giant federal tax credit and left-wing tyrants and cheerleaders in charge of the production of automobiles in the United States, the EV revolution seems to be sputtering like a drained battery. Who would’ve thought that actual customer demand might matter more than government pep rallies, billion-dollar subsidies, and mandates? Everyone.
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