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Ford Admits Their Risky EV Gamble Hinges on Government Coercion

Ford Admits Their Risky EV Gamble Hinges on Government Coercion

by Watts Up With That
September 25, 2023
in Aggregated, News

Who could possibly have predicted that the promises of politicians aren’t worth the paper they are written on? Ford UK says any delay on government petrol car ban risks EV transition Reuters … Ford said dropping the [British] 2030 deadline would be a mistake, and hinted it could put further investments at risk. “The UK 2030 target is a vital catalyst to accelerate Ford into a cleaner future,” Ford UK chair Lisa Brankin said in a statement on Wednesday. “Our business needs three things from the UK government: ambition, commitment and consistency. A relaxation of 2030 would undermine all three.” … Read more: https://www.reuters.com/business/autos-transportation/ford-uk-slams-potential-relaxation-plans-ban-new-petrol-diesel-car-sales-by-2030-2023-09-20/ Is anyone awake in shareholder land? Who put the fools who bet the futures of their businesses on the trustworthiness of politicians in charge of major automobile companies?

To my knowledge, only one automaker called it right, and defied the senseless EV […]

Read the Whole Article From the Source: wattsupwiththat.com

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