'Surplus' Chinese EV graveyard. (hint: it's all a big scam)
Posted on 10/27/2023 12:39:55 PM PDT by Republican Wildcat
Ford Motor Company is delaying production at its second battery plant in Hardin County.
"We are also slowing down several investments including making a decision with SK on to delay the second blue oval SK JV battery plant in Kentucky," Chief Financial Officer John Lawler said.
The company made the announcement Thursday night during its third quarter earnings call.
Lawler says they're adjusting their electric vehicle production and future plans to better match demand.
(Excerpt) Read more at msn.com ...
People are seeing the list of the problems which gets longer and longer.
“How bout we tap the brakes just a little bit on us running out building another battery plant right away?”
Demand has cratered. Nobody wants these dogs.
Jumped up golf carts with ‘splody tendencies. Not to mention the pack of lies regarding range and charging times.
Looks like it...if supply has swelled that much the prices should be coming down.
That’s what the market is for. When global warming is brought in minds go blank.
Reminds me of Biden's college loan forgiveness program - the plumber's daughter paying for the lawyer's son's college education.
“they’re adjusting their electric vehicle production and future plans to better match demand.”
Wow, a non-woke corporate decision was made.
The fad is over. Unfortunately the Dims’ warmageddon cult beliefs aren’t.
That reminds me. I have to change the batteries in all of the wall clocks next weekend.
We are also slowing down several investments
Union members got their $40.00 an hour deal what happened Moe.
Recently two German automakers ceased production of several EVs. If you bothered to read the details, the truth is some of government subsidies ended. There is no ‘market.’
Also, democRATS refuse to build any more real, reliable electricity generation. In fact, they are tearing down existing generation. What they really want is limits on everything.
I guess the suckling on the government teat is backfiring.
EV’s imploding, I HOPE!
All it generally takes is a call to insure the POS while at the dealership
Yeah the nightmare insurance rates are at starting to become known. Item #15
They quickly saturated the virtue-signaling market.
Which is really better for the consumer? A entirely ICE engine car like a Toyota Yaris or a hybrid with small gas engine and battery pack that will eventually need replacing, like a Toyota Prius gas/electric hybrid?
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