(TheLastPatriotNews.com) – Supporting the coming policy of former President Donald Trump of reversing Biden’s electric vehicle mandate if Trump is elected, Ford Motor Co. revealed its decision to postpone the production of two new electric vehicles.
This decision involves shifting the focus to increasing the production of hybrid vehicles due to decreasing consumer interest in electric cars.
The company stated that the launch of at least two new three-row electric vehicles would be pushed back from 2025 to 2027 and claimed in a statement, “The additional time will allow for the consumer market for three-row EVs to further develop and enable Ford to take advantage of emerging battery technology.”
Concurrently, Ford announced plans to expand its hybrid electric vehicle offerings. By the end of the decade, the company aims to integrate hybrid powertrains across its entire Ford Blue lineup in North America.
According to The New York Times, Ford’s electric vehicle division incurred a loss of $4.7 billion before interest and taxes in 2023, whereas the division responsible for gasoline and hybrid vehicles recorded a profit of $7.5 billion.
The principal Analyst for Transportation and Mobility at Guidehouse Insights, Sam Abuelsamid commented, “Many companies rushed in too fast with E.V.s that were too expensive and there was not as much of a market for them as they thought. That’s made it a lot tougher to sell those vehicles.”
Likewise, several companies have either canceled their plans for electric cars, canceled commitments to go all-electric, or are facing financial difficulties.
Consumers expressed concerns regarding the high prices, quality, reliability, scarcity of charging stations, prolonged charging times, inconvenience, and reduced performance of electric vehicles in cold weather.
In addition, former President Donald Trump has pledged to reverse Joe Biden’s electric vehicle mandate if re-elected.
A spokesperson for the Trump campaign criticized Biden’s mandate as “anti-jobs, anti-consumer, and anti-American” and asserted that it would harm U.S. autoworkers and shift the auto industry to China.
The statement concluded by affirming Trump’s commitment to rescind Biden’s electric vehicle mandate on his first day in office, safeguarding Americans’ freedom to choose their preferred vehicle and bolstering tariffs on Chinese-imported cars to fortify the U.S. auto industry.
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