this post was submitted on 11 May 2024
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United States | News & Politics

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Ford Cuts Battery Orders as EV Losses Top $100,000 Per Car (www.bloomberg.com)
submitted 6 months ago by [email protected] to c/[email protected]
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  • Automaker is shifting its strategy for EVs as demand wanes
  • Suppliers in South Korea, China grapple with unsold inventory
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[–] [email protected] 70 points 6 months ago (9 children)

Ford announced new EV truck starting at $39,000

Now the cheapest model starts at ~$63,000

Whatever they're doing, it's wrong.

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