The Dems' Reactions to Trump's Iran Strikes Proves Again That They Can't Be...
Whose Side Are Democrats Really On?
Can the Left Ever Stop Its Craziness?
The Media Bombs With Its Coverage of the Iran Attack and Leaves Smoldering...
NYC Mayor's Race Watch: A Referendum on National Housing Policy?
A Wise and Frugal Government We Do Not Have, Nor a Virtuous One
Trump Did the Right Thing
There's Nobody to Talk to
The ‘First String’ Is Back in the Game
With Iran Destabilizing the Middle East, American Energy Is More Important Than Ever
Three Years Since Dobbs and the World’s Still Turning
The Senate Must Act to Bring College Costs Under Control
Three Years After Dobbs, the Result Is a Tale of Two Very Different...
One Big, Beautiful Bill: A Blueprint for America's Comeback
Hours After Trump Declares Ceasefire, Iran Denies Agreement, Blames Israel for Starting Wa...
Tipsheet
Premium

Ford Delivers Another Blow to Biden's Energy Agenda

AP Photo/Evan Vucci

The collapse of electric vehicle sales spells doom for President Joe Biden’s energy-electrified agenda. 

This week, Ford Motors announced it is slashing the production of its all-electric F-150 Lightning pickup truck by over 50 percent. The decision is in direct response to a decline in demand.

In December, Ford said it had planned to produce about 1,600 F-150 Lightning EV trucks per week starting in January— half of the 3,200 it previously had planned.

Trending Politics pointed out the 2023 sales were highly disappointing despite Biden’s energy dreams promising hope for EV sales. 

Initially, the F-150 Lightning had garnered considerable interest, leading to high production targets. However, the actual sales in 2023 were disappointing, with only about 75,000 vehicles sold, which was significantly lower than the capacity. The cutback in production, from an annual target of 210,000 trucks to just 80,000 for 2024, has broader implications, including the layoffs of approximately 1,400 workers at the Dearborn, MI plant. The reduction is a reflection of several challenges faced by the EV market, including long wait times for vehicle delivery, rising interest rates, and a notable increase in the prices of the Lightning lineup by $6,000 to $8,500 per truck.

The outlet noted that several reliability factors have made consumers weary about purchasing an electric vehicle over a gas-powered one. 

The Biden Administration has hit a wall in its plans to go electric, with Detroit automakers pushing back on the president’s dreams to raise emissions standards, which could make 67 percent of all new vehicles electric by 2032. 

According to ISeeCars.com, it took 40 percent longer to sell an EV in 2023 than it did the year before. Meanwhile, used gas-powered cars sold 10 percent faster than they did in 2022. In 2023, getting an EV off a dealer’s lot took twice as long. Despite price cuts and Biden's huge EV tax credit, it now takes roughly three times as long to sell an EV than a conventional car. 

Radical eco-leftists are spending billions of dollars to build charging stations and to hand out massive tax credits to EV buyers despite the little to no reliability of the cars and buyers facing huge issues with them. 

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement