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Automakers Wake Up To Reality On Electric Vehicles

Diana Furchtgott-Roth
USA
2023
dailysignal.com

GM and Ford are now waking up to reality. They are cutting back on projections of EV sales and lowering production targets for the cars and batteries.

About 6% of new vehicle sales were electric in 2022, and President Joe Biden wants to bring this share up to 60% in 2030.