excalibur
Diamond Member
- Mar 19, 2015
- 18,172
- 34,465
- 2,290
The insanity over EVs is just ramping up though. And no, EVs are NOT "green".
Allowing California to dictate policy should have been ended decades ago, but auto manufacturers and other industries kept kowtowing to California not realizing that California needed them more than they needed California.
Ford Motor Company President and CEO Jim Farley joins 'Fox & Friends' to discuss the company's ongoing investment in electric vehicles despite reporting $2.1 billion in losses in 2022.
While American consumers and politicians seem to remain split on whether to go pedal-to-the-metal on electric vehicle (EV) production, Ford’s CEO has shared a critical message to those who want them to rule the roads sooner than later.
"No one makes more full-size trucks than we do in America. We have to on-shore this stuff," Ford Motor Company president and CEO Jim Farley told "Fox & Friends" co-host Brian Kilmeade on Friday. "We have to have mines and processing to build a digital economy here in the U.S. We cannot continue to import batteries and rare earth from overseas. We have to move it to America."
"We're willing to invest," Farley continued, "but we have to have people in partnership with government that's going to improve mines, improve processing. These sites are really important. We can build all the plants, but what's the good if we're importing batteries?"
The CEO appeared on Fox News from Ford’s newest EV plant just outside Memphis, Tennessee, to discuss the company’s latest investment in the American economy as well as ongoing improvements within the EV market.
FORD IS CRANKING UP PRODUCTION OF SOME TOP MODELS
On Thursday, the automaker announced it's expecting a $3 billion loss due to Model e investments geared to rapidly boost production of electric vehicles to an annual rate of 600,000 globally by the end of 2023 and two million in 2026.
...
www.foxbusiness.com
Allowing California to dictate policy should have been ended decades ago, but auto manufacturers and other industries kept kowtowing to California not realizing that California needed them more than they needed California.
Ford Motor Company President and CEO Jim Farley joins 'Fox & Friends' to discuss the company's ongoing investment in electric vehicles despite reporting $2.1 billion in losses in 2022.
While American consumers and politicians seem to remain split on whether to go pedal-to-the-metal on electric vehicle (EV) production, Ford’s CEO has shared a critical message to those who want them to rule the roads sooner than later.
"No one makes more full-size trucks than we do in America. We have to on-shore this stuff," Ford Motor Company president and CEO Jim Farley told "Fox & Friends" co-host Brian Kilmeade on Friday. "We have to have mines and processing to build a digital economy here in the U.S. We cannot continue to import batteries and rare earth from overseas. We have to move it to America."
"We're willing to invest," Farley continued, "but we have to have people in partnership with government that's going to improve mines, improve processing. These sites are really important. We can build all the plants, but what's the good if we're importing batteries?"
The CEO appeared on Fox News from Ford’s newest EV plant just outside Memphis, Tennessee, to discuss the company’s latest investment in the American economy as well as ongoing improvements within the EV market.
FORD IS CRANKING UP PRODUCTION OF SOME TOP MODELS
On Thursday, the automaker announced it's expecting a $3 billion loss due to Model e investments geared to rapidly boost production of electric vehicles to an annual rate of 600,000 globally by the end of 2023 and two million in 2026.
...
Ford CEO reveals EV reality: America 'cannot continue to import' batteries, earth minerals
Ford CEO Jim Farley claimed the all-American automaker would be willing to invest in domestic mining and rare earth mineral production to help EV battery supply.
www.foxbusiness.com
