Ford Shrinks Its EV Rollout Plans as Demand Lags
August 21, 2024 No Comments
Automaker cancels large electric SUV and expects to take $1.9 billion in related special charges and write-downs
Automaker cancels large electric SUV and expects to take $1.9 billion in related special charges and write-downs
Green Energy Failure: Supply chain issues, financing, fleet-adequate solutions, engineering costs, and inadequate software among roadblocks cited in the survey.
EV sales are struggling across Europe as well. Mercedes sales fell last year, while VW electric car sales fell by an astonishing 24.3 per cent in Q1, year-on-year.
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