|
....From that article:
"Detroit auto execs are scrambling to revise their electric portfolios to match up with the change in demand. Ford CEO Jim Farley said last month the company would be spending more money on mass-market electric vehicles, and a recent report from Bloomberg said the automaker recently delayed an upcoming three-row EV to focus on a trio of $25,000 electric vehicles."
Low cost can be done. China beat them to it. The automaker's trying to convince everyone that 40-50K is the new "affordable" and low cost, isn't fooling anyone. And now they're caught flat-footed. Too bad it took the CCP to show the US automakers what competition is and the actual market reality for EVs.
|