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Originally Posted by Dan1971
Not burst but slowed because they delayed the ban on combustion engines I think. Values are not good because newer ones are now cheaper and the range better.
Manufactures have to hit a set percentage of new sales being electric, so for example a new Honda I read was being offered with 0%, massive discounts to the extent they were being sold at a loss in order that they hit the target.
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so much for my economics lessons, law of supply and demand!! So I suppose the ICE cars that they sell are subsidising the loss on all the EVs that are sold, or given away.
I did see a number of manufactures are stopping the manufacture of EVs.
Think Hydrogen will be the way to go if they want to stop the ICE cars. Or hybrid cars!!
Ford stops F-150 electric pickup shipments
All 2024 Lightning models have been halted due to an undisclosed quality issue. Meanwhile, shipments of the gas-powered F-150 electric pickups resumed last week after hundreds (if not thousands) of trucks piled up in Detroit lots. Even though deliveries are still anticipated in Ford’s “early 2024” window, several trucks have been accumulating on lots since December. According to a business customer, their order for roughly 100 trucks alone has already been delayed by eight weeks.
