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Old 25-03-2023, 12:06 PM   #254
Bossxr8
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Join Date: Dec 2004
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Default Re: Chinese cars make record sales in Australia

Quote:
Originally Posted by DFB FGXR6 View Post
This supports that notion.............

https://www.carexpert.com.au/car-new...on-evs-in-2023

"The company still expects that the production costs versus revenue of its first-generation EVs will break even this year.

The loss in the EV arm will come predominantly from significant investments in Ford’s EV manufacturing capability such as its newly built production sites in Kentucky and Tennessee.

Ford’s investment in three EV and battery production plants is expected to cost the company around US$11.4 billion (A$15.7 billion) and create around 11,000 jobs.

Additionally, Ford will continue to invest in battery technology, offering EVs powered by both nickel cobalt manganese (NMC) and lithium iron phosphate (LFP) batteries.

Currently, the business from Ford’s combustion engine vehicles is funding the transition to electric vehicles."
All while ICE buyers continually get price rises to fund EV’s.

With the amount of EV’s i’ve seen pictures of on fire over the last few days i’m wondering when the alarm bells will start ringing. The video’s of Tesla’s spontaneously combusting are all over the socials atm.
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