Ford Pulls Plug On $12 Billion Electric Car Investment, Takes Massive Losses On EV’s After Biden Praise
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The Biden Administration, state of California and most of Europe have made it a priority to push electric cars on consumers going forward.
And consumers are overwhelmingly rejecting them.
Ford, one of the world’s largest auto manufacturers, announced on Friday that it was pressing pause on its $12 billion investment into electric cars. Because the company, like most of the…
This story from outkick.com was posted on 2023-10-29 by @skygaze.