Ford faces a $29 billion EV setback as it cancels electric models, shuts down a major battery plant, and pivots back to profitable gasoline vehicles. This dr...
I kind of despise all the tech coverage of US anti-green pivots as part of a race with China.
the US admin/warplanners perspective on China’s marketshares in green tech are that it makes the Chinese woke/weak and they’ll shut it down through trade or hot warfare anyway. Biden leaned into trying to buoy US firms on that front but Trump is outright punishing it so obviously the move for Ford is to get in line.
Besides electricity in the US is getting more expensive so the private EV market is going to slouch even if Trump wasn’t leaning on the scales
I kind of despise all the tech coverage of US anti-green pivots as part of a race with China.
the US admin/warplanners perspective on China’s marketshares in green tech are that it makes the Chinese woke/weak and they’ll shut it down through trade or hot warfare anyway. Biden leaned into trying to buoy US firms on that front but Trump is outright punishing it so obviously the move for Ford is to get in line.
Besides electricity in the US is getting more expensive so the private EV market is going to slouch even if Trump wasn’t leaning on the scales