Tuesday, March 19, 2024

EV's

Jennifer Granholm, Energy Secretary, said today that auto manufacturers are moving toward electri cars, not because of new government regulation but because it helps their bottom line. What's happening: Ford announced today that it's cutting output of the battery-powered F-150 Lightning to make more Bronco SUVs and Ranger pickup trucks. The CEO of Stellantis — which owns Chrysler, Dodge and Jeep — told reporters today that the auto industry risked an EV "bloodbath" if a pricing war started by Tesla continues. Rental car giant Hertz said last week that it plans to sell 20,000 of its electric vehicles and buy more gas-powered rentals. GM stopped selling its Chevy Blazer EV — a brand-new model — late last month because of charging and software issues. This is the same lady that said tanks could run on batteries.

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