Ford has decided to repurpose an Ontario production plant it had originally intended to use solely for electric vehicles. Do not shoot the messenger.
https://www.dailymail.co.uk/news/ar...lectric-vehicle-invest-gas-powered-truck.html
A significant percentage of the American people do not appreciate being compelled or coerced. Electric vehicles may have a role in certain use scenarios, but I don’t think anyone who is well informed or intelligent believes the reality is equivalent to the hype with respect to range, their environmental benefit, durability (battery longevity?), or practicalities (e.g., the grid itself and powering that grid).
Ford and GM will learn this lesson the hard way. GM should have been allowed to go bankrupt. The valuable IP (e.g. the Chevrolet brand) and the assets would have been purchased and the role of the unions and other government benefactors would have been wiped out. Instead we have a car company and CEO that is trying to foist electrics on the buying public, at the behest of the government, while it sells gigantic pick up trucks and SUVs to finance the boondoggle.
Ford is slightly better as they financed themselves during the crisis by drawing down all their liquidity too. But they are now in a similar position of having few gasoline vehicles outside of large SUVs and trucks, while they try to shove
Electrics down our throats. Who needs an electric pick up truck that when hooked up to a trailer barely has enough range to go to the grocery store and back? I get that many trucks are not consistently used for towing, but when they are, you want the range. No thanks.
Meanwhile, Toyota, the company that came up with hybrids on its own, continues to chug along with a balanced approach, demonstrating what happens when free minds and free markets can evolve instead of being compelled by pinheads in DC. Traveling for work this week have a camry hybrid rental. Great car. Great mileage. Built by Americans in Kentucky. No plugs to worry about. Gets mid 40s mpg. Tempted to buy one.
Have a good day everyone.