Viewing a single comment thread. View all comments

Badfickle t1_jdn9d6m wrote

Reply to comment by isayporschewrong in Ford says EV unit losing billions, should be seen as startup by EW234

It is remarkably simple. Sales of your profitable ICE cars implode while you are still unable to mass produce EVs for a profit. Something which only Telsa and BYD have managed so far.

Not everyone is going to successfully make the transition. There will be bankruptcies, government bailouts and or mergers along the way.

1

isayporschewrong t1_jdnalnt wrote

I guess what I'm struggling with here is the "sales of your profitable ICE cars implode"... I might be missing some legislation that's been passed recently, but why is this going to happen?

1

Badfickle t1_jdnv0dr wrote

As EV prices continue to come down it will no longer make economic sense for consumers to purchase ICE vehicles.

1