Ford's EV struggles continue as 'rapidly deteriorating' market conditions take a toll
electrek.co
Ford says a “rapidly deteriorating” EV market is to blame as it plans to slow the output of more electric...
  • 𝚝𝚛𝚔English
    12·
    10 days ago

    Although the company said “rapidly deteriorating market conditions” are to blame, global EV sales are still growing.

    According to new data from Rho Motion, October was another record-breaking month for global EV sales. Global electric vehicle sales are now up 24% (13.3 million) YOY through October 2024.

    Don’t blame the market, Ford. Stop making overpriced and under performing shit and people will buy your EVs.

    • ShepherdPie@midwest.social
      6·
      10 days ago

      Although the company said “rapidly deteriorating market conditions” are to blame

      Hmm

      Ford CEO Jim Farley admitted he has been driving a Xiaomi SU7 for six months and said he “doesn’t want to give it up.”

      I wonder if there’s any connection here.

      • 𝚝𝚛𝚔English
        5·
        10 days ago

        “People are buying cheaper, better cars 😠” complained Ford CEO Jim Farley