Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand

L4sBot@lemmy.worldmod to Technology@lemmy.world – 91 points –
Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand
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Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand::The 41-day United Auto Workers strike took a toll on Ford, leading to a $1.3 billion hit to its Q3 earnings, and forcing the automaker to reevaluate its electric vehicle (EV) strategy. One significant development [...]

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Make actual Electric cars, not a 90k electric pickup, or a "Mustang" EV crossover. The truck I get because the F-150 runs auto sales charts but nobody was, is, buying it. A majority of those crowds are not really EV friendly so why they went all in seems silly.

They would have done way better to first sell a PHEV to get people into electric and ease their range anxiety. 100% worked on my wife and now she drives in EV almost exclusively.

Fwiw, I own a Ford phev and love it. I'm looking at a bolt in the future since they have 10x the electric range.

Yeah a Mustang EV crossover that they had to recall because the engines were shutting off when people floor it, which was also overpriced and not up to feature parity with other similarly-priced EVs. Maybe if they made a good EV or lowered the price consumer demand would suddenly materialize.

A recall is better than the class action lawsuit going on for the normal Mustang transmission issues.

I fucking would if I could buy a 2 door truck. But no, the only electric pickup options are 4 door, maximum size cabs with practically no bed.

I only want a truck for the bed. If it's electric it can be a daily driver but I don't need a back seat. My wife has the little SUV for that.

But I can't get that. So instead I'm going to buy an electric sprinter van for half the price.

they're also twice the price of a regular truck if you want any kind of usable range, which is the worst part. I don't need a truck that can do a 2.9s quarter mile, I need one that I can drive 200 miles in one direction, park for a week, and then drive home, on a route with no chargers.

I really didn't want to buy anything from Musk but Model 3s are still the best price for performance available.

Most of the money you pay for that car goes to China. A good bit goes to the workers. A very small amount goes to Elon. I wouldn't buy one because of the slave mines.

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