Author Topic: Ford CEO Admits No One Wants EV Trucks & Vans: ‘For larger retail, electric utilities, the economics  (Read 554 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 176,780
Ford CEO Admits No One Wants EV Trucks & Vans: ‘For larger retail, electric utilities, the economics are unresolvable’
By Marc Morano
February 19, 2025
8:18 am


by Warner Todd Huston

Ford CEO Jim Farley has finally admitted that no one wants larger electric vehicles like pickups, vans, buses and semis. And, not only that, but they have far too many technical problems to work, anyway.

Farley told investors on his fourth-quarter earnings call that EVs might be OK in sedan size, but that is about it. The larger vehicles are too problematic in all sorts of ways, according to AutoBlog.

“For larger retail, electric utilities, the economics are unresolvable,” Farley said of the problems EVs present. “These customers have very demanding use cases for an electric vehicle. They tow, they go off-road, they take long road trips. These vehicles have worse aerodynamics, and they’re very heavy, which means very large and expensive batteries.”

He then told investors that Ford is pulling back on its greater EV plans. The company will focus on small and mid-size EV sedans and hybrids.

https://www.climatedepot.com/2025/02/19/ford-ceo-admits-no-one-wants-ev-trucks-vans-for-larger-retail-electric-utilities-the-economics-are-unresolvable/
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 176,780
If democrats think it can be done, IT CAN BE DONE! :whistle:
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 13,894
Fire yourself and do the honorable thing: Resign.

You wasted billions of shareholder value as you chased federal dollars
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Offline DefiantMassRINO

  • Hero Member
  • *****
  • Posts: 11,232
  • Gender: Male
Write-off the EV experiment as a business loss, and get back to making kick ass internal combustion engine vehicles.
"Political correctness is a doctrine fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it’s entirely possible to pick up a turd by the clean end." - Alan Simpson, Frontline Video Interview

Offline GtHawk

  • Hero Member
  • *****
  • Posts: 14,531
  • Gender: Male
  • Well EXCUSE me!
Here where I live in SoCal, where the weather is amenable to EV’s, there are lots of people with EV trucks but they are mostly Tesla and Rivians, not too many Fords. I can’t remember ever seeing an EV van other than maybe a Amazon, Fedex, etc. owned.

Offline Smokin Joe

  • Hero Member
  • *****
  • Posts: 61,067
  • I was a "conspiracy theorist". Now I'm just right.
Temps here have been down to -35 this past week. Not many EVs here to begin with, one 'cybertruck' in town that I know of, but that is the sort of weather not conducive to EVs, and unkind to ICE vehicles not running No.1 Diesel or gas vehicles without block heaters and synthetic motor oil. My boss' F-350 parafinned up the fuel filters (diesel) running No. 2 Diesel, and he had to get a tow (went into limp mode and didn't make it to town). I keep running gas vehicles, synthetic oil in the crankcase, and keep the engine heaters plugged in below zero. I learned the hard way long ago to 'baby' your ride, and it will treat you well.

I haven't seen the cybertruck out to play since the cold streak hit, though.
« Last Edit: February 19, 2025, 05:34:21 pm by Smokin Joe »
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline Hoodat

  • Hero Member
  • *****
  • Posts: 32,401
Ford CEO Admits No One Wants EV Trucks & Vans

Then why as CEO did you invest so much company capital to manufacture them if you KNEW no one wanted them?  Don't you have a fiduciary duty to your stockholders?
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline Sighlass

  • Hero Member
  • *****
  • Posts: 5,634
  • Didn't vote for McCain Dole Romney Trump !
Quote from: article
The company will focus on small and mid-size EV sedans and hybrids.

So the trend for the Greenies will be basically an electric covered ATVs with a tiny trunk to partially help carry the battery and a bag of groceries with a lifespan of 5 years max.

I have two Chevy Trucks from the 90s still running fine.
« Last Edit: February 19, 2025, 05:58:46 pm by Sighlass »
Exodus 18:21 Furthermore, you shall select out of all the people able men who fear God, men of truth, those who hate dishonest gain; and you shall place these over them as leaders over ....

Online Wingnut

  • The problem with everything is they try and make it better without realizing the old way is fine.
  • Hero Member
  • *****
  • Posts: 21,269
  • Gender: Male
Ford doesn't even make a small or family sedan anymore.  They ceded that to the ricemakers.  How long can the big 2.5 continue to sell vehicles that start at 40k AND UP?
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline Smokin Joe

  • Hero Member
  • *****
  • Posts: 61,067
  • I was a "conspiracy theorist". Now I'm just right.
Ford doesn't even make a small or family sedan anymore.  They ceded that to the ricemakers.  How long can the big 2.5 continue to sell vehicles that start at 40k AND UP?
I don't know. Some of the 1 ton (F-350) pickups w/option packages go north of 100K.

My old Dodge may not have those whistles and bells, but I only paid $800.00 for it.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis