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371

Source: https://www.ft.com/content/1198863d-4974-4c4d-be5f-9e7152045b26

From the post:

>At least 12 global carmakers are scaling back their electric vehicle plans amid stubborn demand for combustion engines and a rollback of supportive policies in both the US and Europe. Last week, Honda abandoned its plan to stop making combustion engine cars by 2040 and forecast $16bn in losses over the next two years from its EV strategy overhaul. Mercedes-Benz, Ford, Stellantis and Volvo Cars have also cut their all-electric targets.

Source: https://www.ft.com/content/1198863d-4974-4c4d-be5f-9e7152045b26 From the post: >>At least 12 global carmakers are scaling back their electric vehicle plans amid stubborn demand for combustion engines and a rollback of supportive policies in both the US and Europe. Last week, Honda abandoned its plan to stop making combustion engine cars by 2040 and forecast $16bn in losses over the next two years from its EV strategy overhaul. Mercedes-Benz, Ford, Stellantis and Volvo Cars have also cut their all-electric targets.
[–] • 2 pts

Baffling.

[–] • 1 pt

What's funny is that the last 3 months almost every article was saying how "EV Adoption is at all time highs"!

No. No it is not. They are lying.

[–] • 2 pts

I don't understand it. What's not to like having to wire in a 240 volt charger, planning your trips to make sure there are charging stations that actually work, spontaneous fires, expensive tires, higher insurance rates, not being able to charge when it's cold out?

[–] • 0 pt

Right at the time that all the oil refineries are blowing up... I'm thinking the elite got their wires crossed somewhere.