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This isn’t a Ford problem, it’s a problem for the whole industry. EVs won’t get cheaper until battery tech evolves.
by al_borland 11mo ago
This isn’t a Ford problem, it’s a problem for the whole industry. EVs won’t get cheaper until battery tech evolves.
- fragmede 11mo agothe reason we know American car makers other than Tesla aren't serious about electric cars is that they haven't been making battery factories.
- al_borland 11mo agoGM partnered with Samsung for one[0]. Of course now they just announced layoffs at the EV plant[1], because most people still don’t want electrics cars. The investment needs to be tied to demand. If not, it’s just a lot of wasted money. It seems they’d be better off waiting for better/cheaper battery tech, so they can build out those factories and make cheaper EVs that people might actually buy at scale. Right now the market still feels niche. [0] https://insideevs.com/news/731721/gm-samsung-sdi-indiana-ev-battery-factory-official-delay/ https://insideevs.com/news/731721/gm-samsung-sdi-indiana-ev-... [1] https://www.cbsnews.com/detroit/news/general-motors-permanent-layoffs-factory-zero-detroit/ https://www.cbsnews.com/detroit/news/general-motors-permanen...