Electric vehicles were supposed to disrupt the auto industry, but sales are down, subsidies are going away, and Ford is pivoting away from EVs and taking $19.5 billion in charges to shift to hybrids. What strategy is the right one long-term?
Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
- Ford’s $19.5 billion EV writedown
- Does Detriot have the right strategy?
- What’s next for Rivian and Tesla
Companies discussed: Ford (F), Rivian (RIVN), Tesla (TSLA), General Motors (GM), Lucid (LCID).
Host: Travis Hoium
Guests: Lou Whiteman, Rachel Warren
Engineer: Dan Boyd
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