American Auto Giant Pivots Plans to Build Electric Vehicles at Major Plant to Produce Heavy-Duty Pickups Instead
Nick Pope
EXCERPTS
Ford is reversing course on plans to manufacture electric vehicles (EVs) at a major plant and instead will produce gas-powered, heavy-duty pickup trucks at the facility, Reuters reported Thursday.
The company initially planned to build three-row electric SUVs at its facility in Oakville, Canada, between 2025 and 2027, but the plant will now add capacity to produce 100,000 F-Series Super Duty trucks at the plant, according to Reuters. Ford said that it is still committed to producing those EVs on that timeline, though it is unclear which of its plants will handle that production.
Ford lost more than $4.5 billion on its EV product lines in 2023, and the American auto giant is expecting to lose more than $5 billion on them this year, according to Reuters. The company has previously stated that it will launch its next-generation EVs “only when they can be profitable.”
Globally, EV demand growth has cooled off, prompting companies like Tesla and Chinese giant BYD to slash their prices in a bid to drive up demand, according to Reuters. Meanwhile, legacy manufacturers like Ford and General Motors are backing off of ambitious EV production targets.
The Biden administration is pushing manufacturers and consumers to transition to EVs, using stringent regulations and billions of taxpayer dollars to do so. Despite recently finalizing rules that will effectively require manufacturers to ensure that 56% of new car sales are EVs and an additional 13% are plug-in hybrids by 2032, Environmental Protection Administration (EPA) Administrator Michael Regan has insisted that the Biden administration is not pushing an EV mandate.
The full article appears at https://dailycallernewsfoundation.org/2024/07/18/american-auto-gian...
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Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
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(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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