Ford’s EV Gamble Could Fail early
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Ford has lost around $30 billion on its EV efforts, with models like the F-150 Lightning and Mustang Mach-E struggling to gain traction. Despite earlier setbacks, Ford plans to invest another $5 billion in a smaller EV pickup priced at $30,000. McIntyre warns that frequent price changes and past failures cast doubt on Ford’s EV future.
