More EV News - The 1947 - Present Chevrolet & GMC Truck Message Board Network

**truckster** · 07-31-2024, 10:42 AM

Apparently Ford has decided it would rather make money than EVs:

https://www.reuters.com/business/aut...ty-2024-07-18/

best view · 07-31-2024, 10:47 AM

Boy that’s surprising. Not

**Boog** · 07-31-2024, 01:50 PM

None of them can stand to lose $10 Billion in 2 years so stepping back from full on ev production only makes sense. Lofty goals.

weq92f · 07-31-2024, 01:59 PM

Quote:

Originally Posted by Boog

None of them can stand to lose $10 Billion in 2 years so stepping back from full on ev production only makes sense. Lofty goals.

.

No doubt. My guess is that it isn't going to make sense for a very, very long time to come.

From Article:

Ford, which lost nearly $4.7 billion on its EV business in 2023 and has projected it will lose up to $5.5 billion this year, said in February the next generation of EVs would be launched "only when they can be profitable."

-Kevin

57taskforce · 07-31-2024, 02:04 PM

Huh… I guess the free market still has a say in things.

**A1971Blazer** · 07-31-2024, 03:00 PM

Add the millions of dollars in recall repairs, and the forecast looks a bit more gloomy

**Boog** · 07-31-2024, 03:53 PM

Also presently in the news Chrysler may be cancelled now by Stelantis ? as it has once again paid high fines for it's low epa mileage averages and have chopped V8 engines. I'm sure State Police agencies everywhere will appreciate that.

**Ol Blue K20** · 07-31-2024, 05:33 PM

Quote:

Originally Posted by Boog

Also presently in the news Chrysler may be cancelled now by Delantis ? as it has once again paid high fines for it's low epa mileage averages and have chopped V8 engines. I'm sure State Police agencies everywhere will appreciate that.

**71CHEVYSHORTBED402** · 08-01-2024, 12:56 AM

This is unacceptable, BidNHarris made their demands. We meet them or we don't save the Earth from itself, easy choice.....cough! Alright, NO POLITICS, solid board rule.

**Accelo** · 08-01-2024, 09:11 AM

I have owned an EV for one year now. My total cost for maintenance was $20 to have a flat repaired. I constantly drive it for four and one-half hours, one way (without stopping).
My cost for fuel/electricity, for the 4-hour trip, is $6 there and $2 home, some of the least expensive power in the US at my designation.
That works out to a nominal penny a mile for fuel.

As far as my maintenance costs, Next year I expect to have the cabin air filter changed.
It has never been to the shop for any maintenance.
I expect to buy tires between 30K and 40K. My insurance is about the same as the car it replaced.

And yes, Ford lost their asses but other companies are making money on them and the cost will continue to go down.

It is quieter and cheaper to run and faster than any car/truck I have ever owned. Should everyone have one? I think not.

Yes, It has no soul.
If you can charge at home and don't live in a place that gets below zero they work if you want to use one. I always have my truck if I need it or want to tow.
Cheers.

07-31-2024, 10:42 AM	#1
truckster Senior Member Join Date: Jan 2001 Location: Orem, Utah Posts: 7,957	More EV News Apparently Ford has decided it would rather make money than EVs: https://www.reuters.com/business/aut...ty-2024-07-18/ __________________ I have sworn upon the altar of God, eternal hostility against every form of tyranny over the mind of man. - Thomas Jefferson

07-31-2024, 10:47 AM	#2
best view Registered User Join Date: Apr 2009 Location: newbury new hampsire Posts: 2,121	Re: More EV News Boy that’s surprising. Not

07-31-2024, 01:50 PM	#3
Boog laying low Join Date: Mar 2001 Location: Searcy, Ark. USA Posts: 13,459	Re: More EV News None of them can stand to lose $10 Billion in 2 years so stepping back from full on ev production only makes sense. Lofty goals. __________________ Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross

07-31-2024, 02:04 PM	#5
57taskforce All about them K’s Join Date: Jun 2014 Location: Land of Entrapment Posts: 6,453	Re: More EV News Huh… I guess the free market still has a say in things. __________________ Tyler '57 3100 http://67-72chevytrucks.com/vboard/s...d.php?t=813888 '72 K20 Cheyenne: 5” lift, 35’s, front dana 60 blah blah blah… http://67-72chevytrucks.com/vboard/s...d.php?t=662879 ‘69 K10 SWB: 4” lift 33”s… in a million pieces http://67-72chevytrucks.com/vboard/s...d.php?t=805206 '98 Silverado LT K2500HD ECLB Vortec 454/4l80E: 6" lift 35x12.5x20’s

07-31-2024, 03:00 PM	#6
A1971Blazer Senior Member Join Date: Nov 2013 Location: East Tennessee Posts: 2,187	Re: More EV News Add the millions of dollars in recall repairs, and the forecast looks a bit more gloomy __________________ 1967 C10 Step side 1968 C10 Step side 1970 Chevrolet K/5 Blazer 1972 Chevrolet K/5 Blazer .............

07-31-2024, 03:53 PM	#7
Boog laying low Join Date: Mar 2001 Location: Searcy, Ark. USA Posts: 13,459	Re: More EV News Also presently in the news Chrysler may be cancelled now by Stelantis ? as it has once again paid high fines for it's low epa mileage averages and have chopped V8 engines. I'm sure State Police agencies everywhere will appreciate that. __________________ Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross Last edited by Boog; 07-31-2024 at 05:50 PM.

08-01-2024, 12:56 AM	#9
71CHEVYSHORTBED402 Senior Member Join Date: Feb 2009 Location: Northern Nevada Posts: 7,300	Re: More EV News This is unacceptable, BidNHarris made their demands. We meet them or we don't save the Earth from itself, easy choice.....cough! Alright, NO POLITICS, solid board rule. __________________ Tony 71 Custom Deluxe, SWB, 2WD, 402, A/C. I developed an assembly kit for restoring the (a) truck from the ground up. My build thread, and more on the assembly kit https://67-72chevytrucks.com/vboard/...d.php?t=730025

08-01-2024, 09:11 AM	#10
Accelo Senior Member Join Date: Mar 2015 Location: washington Posts: 2,280	Re: More EV News I have owned an EV for one year now. My total cost for maintenance was $20 to have a flat repaired. I constantly drive it for four and one-half hours, one way (without stopping). My cost for fuel/electricity, for the 4-hour trip, is $6 there and $2 home, some of the least expensive power in the US at my designation. That works out to a nominal penny a mile for fuel. As far as my maintenance costs, Next year I expect to have the cabin air filter changed. It has never been to the shop for any maintenance. I expect to buy tires between 30K and 40K. My insurance is about the same as the car it replaced. And yes, Ford lost their asses but other companies are making money on them and the cost will continue to go down. It is quieter and cheaper to run and faster than any car/truck I have ever owned. Should everyone have one? I think not. Yes, It has no soul. If you can charge at home and don't live in a place that gets below zero they work if you want to use one. I always have my truck if I need it or want to tow. Cheers.



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