As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.
Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.
The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.
Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.
Watch Biden test drive the Ford Lightning pickup here:
General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”
ANGELICA MERCIER: FROM BEAUTY TO SENIOR GRANNY – A STARTLING TRANSFORMATION
The passage discusses how time has affected the iconic Michele Mercier, revealing her appearance at the age of 83. The actress, known for her role as Angelica, captured the hearts of millions with her ethereal beauty. Fans had been curious about how she would look in her later years, and her current appearance came as a surprise.
It’s evident that Michele Mercier has chosen to embrace the natural aging process, foregoing plastic surgery. While some expressed disappointment, her dedicated fans came to her defense, emphasizing her happiness and the beauty of aging gracefully.
Comments such as “Her contentment is what matters most,” and “This is a beautiful example of embracing natural aging” flooded in, reflecting the support for the actress.
On the other hand, there were those who expressed less flattering opinions, suggesting beauty treatments and remarking on changes in her appearance. It’s clear that opinions vary, but it’s important to remember that aging is a natural and personal journey for everyone.
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