Staff Reports
The Biden-Harris administration has been dazzlingly unsuccessful in its attempt to turn every American into a proud electric car owner. Despite throwing money at the problem and implementing a plethora of mandates, consumer demand for electric vehicles remains as flat as one of those pathetic Democrat fundraising charts. The latest revelation comes from Ford, which has decided to scrap plans for a three-row electric SUV, realizing that consumers would rather stick with hybrid vehicles than be pushed into the electric realm.
The automaker’s new strategy reflects a stark reality: profitability matters. Ford’s focus has shifted to building hybrid SUVs, as their dream of an electric SUV proved to be nothing short of a financial nightmare. Big surprise, right? Ford has estimated that this decision will cost them nearly $1.9 billion, a staggering amount that wouldn’t even fit in the Biden administration’s budget for educational “buzzy” initiatives. One of Ford’s bigwigs noted that creating a profitable electric SUV was just not in the cards, essentially running up the white flag to the market forces that the administration seems keen to overlook.
After the Biden Harris administration gave Ford $9.2 billion dollars to cushion their losses on low EV sales, Ford is discontinuing the SUV EV plans. pic.twitter.com/XnCb40dwic
— Wendy Patterson (@wendyp4545) August 22, 2024
With incentives that seem to scream, “Buy electric or else!”, the Biden administration has continued to push their green agenda hard, all while consumers are signaling with their wallets: No thank you. A major obstacle for many potential electric car buyers is the cost of these vehicles, which appears to be as inflated as the Biden administration’s approval ratings. The infrastructure to support this electric dream is painfully lacking, with a mere eight charging stations established under a $7.5 billion program. Clearly, the rollout is moving faster than a tortoise in molasses.
Biden and Harris seem to be out of touch with reality when it comes to what Americans actually want. They’re out there pushing for a goal of having half of all vehicles sold by 2030 be electric, but the enthusiasm from consumers is tepid, to put it mildly. Meanwhile, Vice President Harris has been busy promoting the electric school bus initiative, which has somehow managed to produce only about 60 buses after a $5 billion expenditure, raising eyebrows as to how these figures could be so dismal.
As for Transportation Secretary Pete Buttigieg, he’s been struggling to put a positive spin on this electric car conundrum. His attempts to explain the complexities of installing charging stations sound suspiciously like excuses. The truth is consumers are wary, and the administration’s rosy outlook on electric vehicles just isn’t standing up under scrutiny. As Ford demonstrates a strategic pivot, the message is clear: Americans won’t be compelled to buy into an electric future they don’t want, and attempts at coercion from the government are falling flat.
