ELECTRIC VEHICLE MAKER LOSING HUGE SUMS

You might think that electric vehicles would be a good investment with all the political pressure for doing away with petrol and diesel vehicles, and yet we see that the manufacturers are losing large sums, as the bulk of the public are not buying them. Governments can interfere in the market, but it can have unintended consequences.   

Ford lost $1.3 billion in a quarter, a loss of $132,000 on every EV sold « JoNova (joannenova.com.au)

via climate science

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April 29, 2024 at 01:36AM

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