- Automaker is shifting its strategy for EVs as demand wanes
- Suppliers in South Korea, China grapple with unsold inventory
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Just like the '70s, Detroit wants to build enormous energy-dense cars, while automakers from another Asian country come in and sell what the market demands.
Expect US automakers to blame unions when they face another round of bankruptcies and begin demanding government bailouts.
Ford announced new EV truck starting at $39,000
Now the cheapest model starts at ~$63,000
Whatever they're doing, it's wrong.
I have little knowledge on the subject but considering the unions and the strikes, I'ma say unlikely.
The UAW just won historic wage increases. The strike was successful.
