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Old 06-18-2022, 02:51 PM   #1
Chance
Senior Member
 
Brand: Still Looking
State: Texas
Posts: 6,187
THOR #2121
Ford Electric Vehicles Rendered Unprofitable

It may be a while before Electric RVs are economically practical going by automobile market.


https://finance.yahoo.com/news/ford-...170117652.html


“Ford Motor Co.’s hot-selling Mustang Mach-E electric SUV and other plug-in models are being rendered unprofitable by rising raw material costs.”


Mention of $25,000 cost premium for similar-size electric SUV suggest Electric RVs that would require much greater battery capacity and are driven a lot less (reducing opportunity for fuel-cost savings) face strong headwinds.


“The company also has boosted prices on the Mach-E this year, he said, without giving specifics. But the model, which Ford is recalling for a defect that could cause it to stop running, now costs $25,000 more to produce than an equivalent gas-powered Edge SUV, he said.”
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