As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.
Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.
The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.
Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.
Watch Biden test drive the Ford Lightning pickup here:
General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”
Every morning the cat runs towards people and hopes that at least someone will like her
When a street animal approaches a person and begs for assistance or attention, very seldom does anyone respond.Everyone is rushing to get on with their own work and act as though no one is watching.And for pennies on the dollar, all of this results in the saving of a little life.
However, the boomerang law states that good efforts will undoubtedly be rewarded.This is the reason this cat was abandoned by his mother and kept apart from her at a young age.I wonder if these folks have no conscience at all or if they would ever experience regret?When the child realized he needed help organizing his life, he begged people to assist the cat, who had run towards people in the hopes that at least someone would adore him.Murzik raced to every bystander and sobbed pitifully, but nobody gave him any attention.
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But fortune continued to favor him.He was approached by a nice woman who called the volunteers, who showed up at the address right away and took him to the vet.Her illness was gastrointestinal, but it was manageable.The infant was taken to a picture session when she had recovered, and it was discovered that she was naturally gifted as a model.The volunteers were confident that she was extremely photogenic, as many people showed a wish to hold her in their arms.
However, lichen was also discovered to have affected him, and as a result, the owners’ search was put on hold.However, they set up a picture shoot once again after that.The cat was older, extremely graceful, and had a glossy, fluffy coat.After gaining the moniker “Musya,” she quickly relocated to a new home.
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