this post was submitted on 20 Nov 2024
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Electric Vehicles

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Is it over for the American Auto industry?

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[โ€“] Telorand@reddthat.com 7 points 13 hours ago (1 children)

I would not be surprised if Ford shrinks and becomes American-only, as the new admin pushes more gasoline and oil and reduces overall EV incentives.

They'll subsist on gigantic-truck sales, maybe get a bailout from the sympathetic government, and maybe bide their time until they get a Democrat willing to subsidize and incentivize their transition to EVs in the future. If they're truly toast, it will be a very slow death, and a lot can change even in four years (for better or worse).

[โ€“] sabreW4K3@lazysoci.al 3 points 11 hours ago

That's a crazy prospect given how huge Ford are or at least were in the UK growing up.