Electric vehicles are the biggest scam in the world, as over time the refueling rates will rise, becoming more expensive than gasoline itself, and they will not spend a dollar on transportation. This way, electric companies will be able to dominate the entire population dependent on electricity.
Ford has shelved its three-row EV SUV project while its Ford Model e business bleeds over $1.1 billion as the EV market continues to soften. EV charger and range limitations along with higher-than-ICE vehicle pricing has led to reduced EV demand. Price challenges from Chinese competitors like BYD continue to threaten profitability.