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by WILL KESSLER at dailycaller.com California’s strict emission standards are poised to move the entire auto market towards more expensive, lower-emission vehicles, endangering the American auto industry, which is already posting huge losses in the electric vehicle market, experts told the Daily Caller News Foundation. Top U.S. car manufacturer Stellantis sent notices to 2,455 workers […]
by TYLER DURDEN at zerohedge.com Less than a week after Elon Musk unveiled his apocalypse-surviving, Porsche-out-accelerating, bulletproof CyberTruck, Ford’s EV effort is crashing on the Biden-administration ignited fire of unaffordability and high costs. Having signaled in October during its Q3 earnings call plans to “adjust” production of its all-electric vehicles and delay about $12 billion in investments due to […]