Ford Has the Perfect EV Car to Conquer The Middle Class

Bernice


Ford  (F) – Get Ford Motor Company Report knows that to a major extent, the broad adoption of electric vehicles in the heartland of America rests on its shoulders. 

If Tesla  (TSLA) – Get Tesla Inc Report and its charismatic chief executive, Elon Musk, have transformed the auto sector by forcing it toward electrification, EVs have not yet persuaded all consumers — in particular middle- and lower-income Americans. 

When a lower-income family has to decide between buying an internal-combustion-engine vehicle and a battery-powered one, the choice is clear because EVs are still very costly. Finding a model costing less than $32,000 is difficult. And given the disruptions in supply chains and soaring prices for raw materials, electric vehicles below $30,000 are, for now at least, a pipedream.





Source link

Next Post

Rivian Ready? Amazon Hub Charging Stations Spied | The Daily Drive | Consumer Guide® The Daily Drive

Rivian EDV shipping van A small over a year back, my neighbors and I lamented the development of an Amazon shipping and delivery facility not far more than three blocks from our homes. To our reduction, the now-operational warehouse and shipping middle has not diminished our good quality of lifestyle in any significant fashion. […]
Rivian Ready? Amazon Hub Charging Stations Spied | The Daily Drive | Consumer Guide® The Daily Drive