Major Automakers Come Clean, Admit Americans Aren’t Buying Electric Vehicles

By Jack Phillips Executives with General Motors, Ford, and Mercedes-Benz this week conceded there is a weakening demand for electric vehicles, with some announcing they would pull back on their own EV targets. “It’s been a challenging situation, for sure,” Ford CEO Jim Farley said Thursday in an earnings call with investors, referring to the American market for EVs, according to an earnings call…


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