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Ford hits the brakes on $12B in EV spending

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Re: Ford hits the brakes on $12B in EV spending

#4
post #3

What is blocking import of EVs from China. I saw 3000-4000 RMB ~ $400 electric scooters in China that I would use in US instead of a car for local trips.

I suspect a combination of safety standards and an unwillingness for the Chinese companies to deal with the process of certifying or complying, a local hesitation given the well known problems with Chinese electric bike and scooter battery charging and fires, and current ongoing global political concerns that have the US and US companies reevaluating how strongly tied to China they want to be.

Re: Ford hits the brakes on $12B in EV spending

#5
The headline basically says it all.

My 15 year old car is starting to get some issues so I was browsing some EVs. They are literally twice as expensive as a comparable ICE car, even after tax incentives. With interest rates where they are, 22k vs 44k is a huge difference. They are just unaffordable for a lot of people.

(Also, was looking for a sedan. They don’t seem to make a lot of EV sedans, and I find the hatchback type ones kinda ugly. That’s just me though)

Re: Ford hits the brakes on $12B in EV spending

#6

Can the price pressure reduce the amount of cars overall after IC cars are outlawed?

Probably not in a democracy.

A huge number of people like owning cars. If there is price pressure from a law, there will be massive political pressure to change that law.

Re: Ford hits the brakes on $12B in EV spending

#8
post #5

The headline basically says it all. My 15 year old car is starting to get some issues so I was browsing some EVs. They are literally twice as expensive as a comparable ICE car, even after tax incentives. With interest rates where they are, 22k vs 44k is a huge difference. They are just unaffordable for a lot of people. (Also, was looking for a sedan. They don’t seem to make a lot of EV sedans, and I find the hatchbac…

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Re: Ford hits the brakes on $12B in EV spending

#9
post #8
post #5

The headline basically says it all. My 15 year old car is starting to get some issues so I was browsing some EVs. They are literally twice as expensive as a comparable ICE car, even after tax incentives. With interest rates where they are, 22k vs 44k is a huge difference. They are just unaffordable for a lot of people. (Also, was looking for a sedan. They don’t seem to make a lot of EV sedans, and I find the hatchbac…

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Re: Ford hits the brakes on $12B in EV spending

#10
post #8
post #5

The headline basically says it all. My 15 year old car is starting to get some issues so I was browsing some EVs. They are literally twice as expensive as a comparable ICE car, even after tax incentives. With interest rates where they are, 22k vs 44k is a huge difference. They are just unaffordable for a lot of people. (Also, was looking for a sedan. They don’t seem to make a lot of EV sedans, and I find the hatchbac…

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https://en.wikipedia.org/wiki/Cost_curve#/media/File:Shortru...

We are at the first tick on the "Output" scale.

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