Well, it’s about time. Ford CEO Jim Farley has finally admitted that no one wants larger electric vehicles like pickups, vans, buses and semis. And, not only that, but they have far too many technical problems to work, anyway.
Farley told investors on his fourth-quarter earnings call that EVs might be OK in sedan size, but that is about it. The larger vehicles are too problematic in all sorts of ways, according to AutoBlog.
“For larger retail, electric utilities, the economics are unresolvable,” Farley said of the problems EVs present. “These customers have very demanding use cases for an electric vehicle. They tow, they go off-road, they take long road trips. These vehicles have worse aerodynamics, and they’re very heavy, which means very large and expensive batteries.”
He then told investors that Ford is pulling back on its greater EV plans. The company will focus on small and mid-size EV sedans and hybrids.
It’s about time these companies stop playing silly games with these worthless electric vehicles. They simply aren’t ready for prime time.
I expect that EVs will continue to fall in importance to these makers. And that will be further spurred when Donald Trump finally puts a complete end to government subsidies for both buyers and manufacturers.
If people want an EV should should pay for it with their own money, not our tax dollars.
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