this post was submitted on 11 May 2024
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United States | News & Politics

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Ford Cuts Battery Orders as EV Losses Top $100,000 Per Car (www.bloomberg.com)
submitted 6 months ago by Amoxtli@thelemmy.club to c/usa@lemmy.ml
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  • Automaker is shifting its strategy for EVs as demand wanes
  • Suppliers in South Korea, China grapple with unsold inventory
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[–] Snapz@lemmy.world 10 points 6 months ago

Demand doesn't wane... The demand is just for an affordable entry level EV.