reality, carmakers!
I guess the dogs just don’t like the dog food…
GM and Ford are now waking up to reality. They are cutting back on projections of EV sales and lowering production targets for the cars and batteries.
Bt actually, it is also a HUGE national security issue, too.
As the world has seen from Russia’s cutoff of natural gas supplies to Europe, it is not prudent to rely on an unfriendly country for a vital resource such as energy, because restrictions can raise energy prices and carry disastrous economic and social consequences.
… Ford and GM are finally realizing that Americans are smarter than their government and are not buying the EV fantasy. If Georgia is any guide, the automakers’ “pause” on EV investment might end up as a permanent stop.