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·
    3 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·
      3 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·
        3 days ago

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