GM AND FORD PULLING BACK ON EV PRODUCTION

By Bob Walsh

Today both GM and Ford announced that they are pulling back significantly on their production of EVs and ashcanning their self-imposed EV conversion deadline.  For some reason it seems that nobody wants to buy the damn things and they are taking a HUGE bath on the ones they do sell.  

When you combine that and the fact that the new UAW contract will cost them about $900 additional for each car they produce under the new contract things are going to have a huge effect on how they move forward.  They may actually have to move towards the idea of producing cars that people actually want to buy at prices they can afford to pay, assuming the government lets them do something that radical.

In the meantime woke states like the People's Republic of California are still pretending that there will be no new gas cars produced twelve years from now and everything will be wonderful and there will be unicorns and rainbows and free cell phones all over the landscape.