In the past year, car manufacturers have been tracing their electric vehicle targets because consumers' interests have not been able to keep up with the vision of car manufacturers.
This vision seems to be born from a idea If the federal government requires people to drive electric vehicles, people will buy them. [emphasis, links added]
Consumers not only oppose the future of this EV, but they also vote for support He vowed to end the EV mission of the Biden-Harris government in his entire movement.
On Monday, President Donald Trump fulfilled this promise and signed “Release American energyAdministrative order. Except for other matters It eliminates the EV task of “promoting the true consumer choice”.
Now, the loss of billions of dollars in electric vehicles may encounter more troubles, depending on the authorization of car manufacturers' hope to promote the sales of electric vehicles.
“I think EV errors basically weaken the American automobile industry, and Unless there is rescue, I can’t see these guys survive“Jack Lifton, Executive Chairman of the School of Minerals, Just newsEssence
Backward
Trump's order revoked a non -restrained target set by Biden in 2021, so that half of all new cars were sold for electric by 2030.
In order to prevent EPA from the rear duct emission standards, it is estimated that this standard will need 66 % of all new cars sold in the United States by 2032.
Trump will have to cooperate with EPA to rewrite its rules. Either or Congress can legislate.
Although most consumers still want gasoline -driven cars, last year's electric vehicle adoption rate continued to rise.
According to Cowker Motor Kelly Blue BookEV sales increased by 15.2 % in the last quarter of 2024, and the annual EV sales reached 1.3 million, an increase of 7.3 % in 2023.
However, car manufacturers are expected to sell higher sales. When they do not keep up, they start to adjust their electric vehicle targets with what consumers seem to want.
Ford plans to invest 40 % of its capital budget at electric vehicle lines, but in August, this will drop to 30 %. The company also canceled the plan for three rows of electric SUVs.
GM plans to sell only zero -emission vehicles by 2035. Last July, the company stated that it was postponing the opening of the Michigan -stated electric vehicle manufacturer to mid -2026 and stopped a wire plan in its Buick brand.
Stellandis has also reduced the EV target of last fall, and temporarily suspended the production of EV Fiat 500 due to the slow demand.
At the same time, car manufacturers also lost billions of dollars due to electric vehicles betting.
Ford separated its electric vehicle business from other parts of the company, losing $ 3.7 billion in the first four quarters of 2024. GM expects that the loss of electric vehicles this year will reduce $ 2 billion to $ 4 billion.
According to Robert Bryce of Energy Expert, Rivian, a full electric Rivian, lost $ 75,563 on each electric car sold in the third quarter. Robert Bryce said Ford lost $ 58,391 for Ford.
Bryce reports that despite these losses, The Planning Office of the Energy Loan Department provides a loan guarantee of 6.57 billion US dollars for the car manufacturer.
The net income of all electric Tesla's net income increased in the third quarter of 2024 to nearly 2.17 billion US dollars, that is, 62 cents per share, higher than 1.85 billion US dollars a year ago, that is, 53 cents per share.
However, politics Report The car manufacturer made $ 10.7 billion in 10 years to encourage car manufacturers to turn to the government's government climate plan for electric vehicles.
The capital flow occupies 33 % of the company's profit. If Congress abolish the plan, this may have a significant impact on Tesla's profits.
Reading and rest on the news
