Ford & GM SHOCKED AS They Can't Sell EVs! | HUGE News!

In today's video, we look at the surprising discoveries from GM and Ford, as both automakers acknowledge they are failing to sell electric vehicles (EVs) and are considering discontinuing production. Mary Barra, CEO of General Motors, and Jim Farley, CEO of Ford, each highlighted the mounting worries in the EV market, noting how even the industry's top competitors are struggling to fulfill the aggressive sales objectives set for electric vehicles. This news comes as competitors such as Tesla and Rivian dominate the EV industry, increasing concerns about established manufacturers' long-term strategies.

As Ford and GM struggle to keep up with Tesla, which has had unprecedented success in the EV market, the legacy automakers face challenges such as high production costs, supply chain concerns, and declining consumer interest in electric vehicles. While firms such as Toyota and Volkswagen ramp up their own EV efforts, the situation at GM and Ford may indicate wider concerns in the industry. Are these companies ready to compete, or will they lose market share as other global competitors develop more quickly?

We also examine how this shift affects the overall automotive market, including traditional gasoline-powered vehicles. As GM and Ford struggle with manufacturing issues, could they reassess their timeframes for switching to a 100% electric future? This video delves deeply into the consequences for investors, automobile lovers, and competitors alike, examining what these insights signify for the automotive industry's future. Stay tuned for more details on this developing story.

[philipjohnson]

I'm confused; I recently read that Ford is investing $3.5 billion to build an LFP battery plant in Marshall, Michigan; part of Ford’s $50 billion+ global push to lead the EV revolution.

[condeerogers]

EVs are dead. Rolling Zombies.We need to fill up in 5 min and drive 300 mi at least. Under $25K.