{"id":427153,"date":"2026-02-20T10:41:16","date_gmt":"2026-02-20T09:41:16","guid":{"rendered":"https:\/\/climatescience.press\/?p=427153"},"modified":"2026-02-20T10:41:19","modified_gmt":"2026-02-20T09:41:19","slug":"big-autos-bitter-pill-the-electric-boom-has-hit-the-wall","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=427153","title":{"rendered":"Big Auto&#8217;s Bitter Pill: The Electric Boom Has Hit the Wall"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"723\" data-attachment-id=\"427161\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=427161\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOq5e7SKjyuoCFUOWiprcHjXMSG4rkwsFoLDcl4UVozem3t1gLdvNn0Jqt-Nu1cx0T6JgbjnQySUAhHWxJjMK-6reUaWp0GCjXNLqpIeEbEdvBxYgkFYUXPDl7oKSBQmNnja-J3NuwknIMhjS3cNYaR-5kfFA.jpeg?fit=1280%2C1280&amp;ssl=1\" 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https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOq5e7SKjyuoCFUOWiprcHjXMSG4rkwsFoLDcl4UVozem3t1gLdvNn0Jqt-Nu1cx0T6JgbjnQySUAhHWxJjMK-6reUaWp0GCjXNLqpIeEbEdvBxYgkFYUXPDl7oKSBQmNnja-J3NuwknIMhjS3cNYaR-5kfFA.jpeg?resize=60%2C60&amp;ssl=1 60w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOq5e7SKjyuoCFUOWiprcHjXMSG4rkwsFoLDcl4UVozem3t1gLdvNn0Jqt-Nu1cx0T6JgbjnQySUAhHWxJjMK-6reUaWp0GCjXNLqpIeEbEdvBxYgkFYUXPDl7oKSBQmNnja-J3NuwknIMhjS3cNYaR-5kfFA.jpeg?resize=550%2C550&amp;ssl=1 550w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOq5e7SKjyuoCFUOWiprcHjXMSG4rkwsFoLDcl4UVozem3t1gLdvNn0Jqt-Nu1cx0T6JgbjnQySUAhHWxJjMK-6reUaWp0GCjXNLqpIeEbEdvBxYgkFYUXPDl7oKSBQmNnja-J3NuwknIMhjS3cNYaR-5kfFA.jpeg?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A growing industry consensus that the rapid, widespread adoption of electric vehicles (EVs) &#8211; once projected as an imminent revolution &#8211; has stalled significantly, prompting major automakers to take massive financial hits and scale back ambitious plans.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">In the past year, global carmakers have written off more than $60 billion from their balance sheets related to EV over-investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ford: Around $19.5 billion in restructuring and pullbacks (with EV models like the F-150 Lightning and Mustang Mach-E seeing sales reverse in 2025).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stellantis (Vauxhall\/Opel owner): \u20ac22 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">General Motors: Around $6-7.6 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Others like Volkswagen, Honda, and Volvo also taking multi-billion hits.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Ford&#8217;s CEO Jim Farley is quoted as saying, &#8220;I think the customer has spoken. That&#8217;s the punchline,&#8221; after the company reported a $5 billion loss in its EV division for 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">_________________________________________________________________________________________________________<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>Even auto giants know it: the electric car boom is out of\u00a0charge<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>World\u2019s biggest manufacturers write off billions as they retreat from an EV boom that never was<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI think the customer has spoken. That\u2019s the punchline,\u201d said Jim Farley, the chief executive of Ford. <strong><em><a href=\"https:\/\/www.telegraph.co.uk\/business\/2026\/02\/19\/even-auto-giants-know-the-electric-car-boom-out-of-charge\/\">The Telegraph<\/a> has the story.<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The American boss was speaking last week as his company unveiled a $5bn (\u00a33.7bn) annual loss, barely two months after it had booked a shock $19.5bn write-down.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The cause?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> An aggressive bet on electric vehicles (EVs) that backfired spectacularly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2025, sales of the&nbsp;<a href=\"https:\/\/www.telegraph.co.uk\/cars\/ford\/ford-mustang-mache-long-term-test\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mustang Mach-E<\/a>&nbsp;crossover and the&nbsp;<a href=\"https:\/\/www.telegraph.co.uk\/cars\/features\/tax-pickups-britain\/\" target=\"_blank\" rel=\"noreferrer noopener\">F-150 Lightning pickup truck<\/a>&nbsp;\u2013 once hailed by Farley as the \u201ctruck of the future\u201d \u2013 went into reverse.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Worse, the electric Model-E division has booked losses of more than $13bn since 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now it has consigned the F-150 to the dustbin and has scrapped much of its future EV plans, with the company set to put a greater emphasis on hybrids.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ford isn\u2019t the only automotive giant counting the costs of a failed bet on electric.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the past year, the world\u2019s biggest carmakers have written off more than $60bn from their balance sheets as they retreat from an EV boom that never was.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The figure includes a \u20ac22bn (\u00a319bn) charge reported by Vauxhall owner Stellantis, along with a $7.6bn hit to General Motors, \u20ac5.1bn at Volkswagen Group, $4.5bn at Honda and $1.2bn at Volvo, among others.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cMost of the Western carmakers are now facing big issues,\u201d says Felipe Mu\u00f1oz, of Car Industry Analysis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Broadly speaking, EV sales are growing. But a rapid shift to electric that both carmakers and politicians had hoped for has failed to materialise. \u201cMany drivers are still not comfortable making the shift,\u201d says Mu\u00f1oz.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time, net zero regulations are beginning to bite in the UK and Europe \u2013 with companies facing fines if they cannot meet&nbsp;<a href=\"https:\/\/www.telegraph.co.uk\/business\/2026\/02\/06\/britains-ev-targets-risk-creating-severe-disruption-hyundai\/\" target=\"_blank\" rel=\"noreferrer noopener\">increasingly stretching targets<\/a>&nbsp;\u2013 just as low-price competitors from China have arrived to undercut them.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Many of those Chinese manufacturers are themselves trying to outrun a crisis, as<a href=\"https:\/\/www.telegraph.co.uk\/business\/2025\/06\/18\/chinas-electric-car-revolution-is-eating-itself\/\" rel=\"noreferrer noopener\" target=\"_blank\">&nbsp;sales at home grind to a halt<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All across the world, a grim reality for carmakers is setting in: drivers simply don\u2019t want EVs in the volume they hoped.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Read the full story <a href=\"https:\/\/www.telegraph.co.uk\/business\/2026\/02\/19\/even-auto-giants-know-the-electric-car-boom-out-of-charge\/\">here<\/a>.<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">_________________________________________________________________________________________________________<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In late 2025 and early 2026, major legacy automakers announced massive write-downs totaling around $55-65 billion globally (estimates vary slightly by source, with some broader analyses reaching higher when including ongoing losses). These reflect scaled-back EV investments, canceled models, impaired platforms\/factories, supplier contract settlements, and strategic resets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Key Examples of Major Write-downs (Late 2025\u2013Early 2026). Here&#8217;s a breakdown of the biggest hits reported:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th>Automaker<\/th><th>Writedown\/Charge Amount<\/th><th>Timing\/Details<\/th><th>Key Reasons\/Impacts<\/th><\/tr><tr><td>Stellantis (Jeep, Ram, Chrysler, Fiat, Peugeot)<\/td><td>~$26 billion (\u20ac22.2 billion)<\/td><td>Announced February 6, 2026; largest single charge, tied to &#8220;business reset&#8221; in H2 2025<\/td><td>Overestimated EV pace; realignment to gas\/hybrids; includes \u20ac14.7B in product\/platform impairments + \u20ac6.5B restructuring (cash over 4 years). Led to net loss of \u20ac19-21B in H2 2025; suspended 2026 dividend; shares plunged 20-30%.<\/td><\/tr><tr><td>Ford<\/td><td>$19.5 billion<\/td><td>Announced December 2025; covers canceled models (e.g., F-150 Lightning changes) and asset disposals<\/td><td>Pivot to hybrids\/extended-range; Model e division lost $4.8B in 2025 (ongoing losses expected $4-4.5B in 2026); total EV losses since 2022 exceed $16B; break-even pushed to 2029.<\/td><\/tr><tr><td>General Motors (GM)<\/td><td>$7-7.6 billion<\/td><td>Announced January 2026 (part of $7.1-8.8B in charges)<\/td><td>Reduced EV capacity; canceled programs (e.g., BrightDrop vans); supplier settlements; more charges expected in 2026.<\/td><\/tr><tr><td>Others (e.g., Volkswagen, Honda, Volvo, Porsche)<\/td><td>$3-6B+ each (contributing to total)<\/td><td>Scattered announcements (e.g., VW ~$3.5-6B linked to Porsche\/EV overhaul)<\/td><td>Excess capacity, delayed models, job cuts; broader industry tally pushes to $55-65B+.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">These are mostly non-cash (impairments reduce asset values on the balance sheet without immediate cash outflow), but portions involve real cash (e.g., supplier payouts, restructuring). They hit reported earnings hard, often leading to quarterly\/full-year net losses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Financial Health:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Balance Sheet Strain: Writedowns erode equity\/book value and can trigger credit downgrades (e.g., Stellantis downgraded in February 2026 due to lower projected margins and cash flow recovery delays).<\/li>\n\n\n\n<li>Profitability Hit: Massive one-time losses drag down net income (e.g., Stellantis expects low single-digit margins in 2026; Ford&#8217;s adjusted EBIT fell sharply).<\/li>\n\n\n\n<li>Cash Flow &amp; Liquidity: Some cash outflows (e.g., Stellantis&#8217; \u20ac6.5B+ over years) require bond issuances or dividend cuts to preserve liquidity.<\/li>\n\n\n\n<li>Stock Market Reaction: Shares often drop sharply on announcements (Stellantis -20-30%; broader sector pressure), though some rebound if investors view the reset as clearing the deck (e.g., GM stock surged post-charge due to strong cash generation elsewhere).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strategic Shifts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pivot from &#8220;all-in&#8221; EVs to hybrids, plug-in hybrids, or extended-range models as bridges.<\/li>\n\n\n\n<li>Delayed\/canceled pure-EV projects, reduced production capacity, job cuts, and supplier impacts.<\/li>\n\n\n\n<li>Focus on profitable segments (e.g., trucks\/SUVs in U.S., where demand remains strong).<\/li>\n\n\n\n<li>Acknowledgment that consumer adoption is slower than projected\u2014echoing comments like Ford CEO Jim Farley&#8217;s &#8220;the customer has spoken.&#8221;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Industry-Wide Ramifications:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Signals over-investment in EVs during the hype phase (2021-2024), driven by policy incentives and forecasts.<\/li>\n\n\n\n<li>Contributes to the &#8220;EV boom out of charge&#8221; narrative: slower global growth in key markets (U.S. dips, China cools post-subsidies).<\/li>\n\n\n\n<li>Doesn&#8217;t kill electrification\u2014many companies still commit long-term (e.g., Ford targets 2029 break-even)\u2014but forces realism, cost-cutting, and hybrid emphasis.<\/li>\n\n\n\n<li>Suppliers and battery partners face ripple effects (canceled contracts, reduced orders).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In short, these write-downs aren&#8217;t the end of EVs but a painful correction after mismatched expectations vs. reality.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A growing industry consensus that the rapid, widespread adoption of electric vehicles (EVs) &#8211; once projected as an imminent revolution &#8211; has stalled significantly, prompting major automakers to take massive financial hits and scale back ambitious plans.<\/p>\n","protected":false},"author":121246920,"featured_media":427161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691829888,691818341,691819627,691821977,691841523,691818859,691841522,691831702,691818154,691840252],"class_list":["post-427153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-automotive-industry","tag-china","tag-clean-energy","tag-electric-vehicles-evs","tag-f-150-lightning-pickup-truck","tag-ford","tag-jim-farley","tag-manufacturing-industry","tag-net-zero","tag-uk-and-europe","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOq5e7SKjyuoCFUOWiprcHjXMSG4rkwsFoLDcl4UVozem3t1gLdvNn0Jqt-Nu1cx0T6JgbjnQySUAhHWxJjMK-6reUaWp0GCjXNLqpIeEbEdvBxYgkFYUXPDl7oKSBQmNnja-J3NuwknIMhjS3cNYaR-5kfFA.jpeg?fit=1280%2C1280&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1N7z","jetpack-related-posts":[{"id":418670,"url":"https:\/\/climatescience.press\/?p=418670","url_meta":{"origin":427153,"position":0},"title":"U.S. Automakers Pull Back from Electric Vehicles","author":"uwe.roland.gross","date":"12\/26\/2025","format":false,"excerpt":"The U.S. automotive market is experiencing a significant shift as companies like Ford, GM, and Stellantis adjust their strategies in response to changing consumer demands and regulatory environments. With electric vehicle (EV) sales slowing down, these manufacturers are scaling back EV production and redirecting investments toward hybrids and gas vehicles","rel":"","context":"In \"Automobile Manufacturers\"","block_context":{"text":"Automobile Manufacturers","link":"https:\/\/climatescience.press\/?tag=automobile-manufacturers"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQNfr6xfc8prjQ9iVib6yodGXIxhFinLOehadMWTi4IXW-zWi-6yeQJUdArxq-n8OcFt2JY6_huRU7rWFkuWUYPaIsHQUBTiYkHv_KQVFqpH8WiXayk34hDx8FjhedU2.jpeg?fit=1200%2C524&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQNfr6xfc8prjQ9iVib6yodGXIxhFinLOehadMWTi4IXW-zWi-6yeQJUdArxq-n8OcFt2JY6_huRU7rWFkuWUYPaIsHQUBTiYkHv_KQVFqpH8WiXayk34hDx8FjhedU2.jpeg?fit=1200%2C524&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQNfr6xfc8prjQ9iVib6yodGXIxhFinLOehadMWTi4IXW-zWi-6yeQJUdArxq-n8OcFt2JY6_huRU7rWFkuWUYPaIsHQUBTiYkHv_KQVFqpH8WiXayk34hDx8FjhedU2.jpeg?fit=1200%2C524&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQNfr6xfc8prjQ9iVib6yodGXIxhFinLOehadMWTi4IXW-zWi-6yeQJUdArxq-n8OcFt2JY6_huRU7rWFkuWUYPaIsHQUBTiYkHv_KQVFqpH8WiXayk34hDx8FjhedU2.jpeg?fit=1200%2C524&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQNfr6xfc8prjQ9iVib6yodGXIxhFinLOehadMWTi4IXW-zWi-6yeQJUdArxq-n8OcFt2JY6_huRU7rWFkuWUYPaIsHQUBTiYkHv_KQVFqpH8WiXayk34hDx8FjhedU2.jpeg?fit=1200%2C524&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":417997,"url":"https:\/\/climatescience.press\/?p=417997","url_meta":{"origin":427153,"position":1},"title":"The Electric Vehicle Collapse: Wow, That Was Quick!","author":"uwe.roland.gross","date":"12\/20\/2025","format":false,"excerpt":"It was less than three years ago \u2014 early 2023 \u2014 that I was writing about the then-universal government and industry line that electric vehicles (EVs) would soon be taking over the American car market. In April 2022 the Biden Administration had adopted aggressive vehicle mileage standards intended to be\u2026","rel":"","context":"In \"\u201cclimate leader\u201d states\"","block_context":{"text":"\u201cclimate leader\u201d states","link":"https:\/\/climatescience.press\/?tag=climate-leader-states"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQPN7XEoG-wD55p7890mwc-VavmxJjA3pFkw20d7H7DNe4QSMfNY9cyWpEuWFrpedA_UV05haTIAY9ecPP7PqZThAQ3Zi-U-2MnjCiyYL2ZxS_D-SdJoWAKeTqmQbKz_KLK_GjINc-GCfchnhbQ8rLWJT9s7tQ.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQPN7XEoG-wD55p7890mwc-VavmxJjA3pFkw20d7H7DNe4QSMfNY9cyWpEuWFrpedA_UV05haTIAY9ecPP7PqZThAQ3Zi-U-2MnjCiyYL2ZxS_D-SdJoWAKeTqmQbKz_KLK_GjINc-GCfchnhbQ8rLWJT9s7tQ.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQPN7XEoG-wD55p7890mwc-VavmxJjA3pFkw20d7H7DNe4QSMfNY9cyWpEuWFrpedA_UV05haTIAY9ecPP7PqZThAQ3Zi-U-2MnjCiyYL2ZxS_D-SdJoWAKeTqmQbKz_KLK_GjINc-GCfchnhbQ8rLWJT9s7tQ.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQPN7XEoG-wD55p7890mwc-VavmxJjA3pFkw20d7H7DNe4QSMfNY9cyWpEuWFrpedA_UV05haTIAY9ecPP7PqZThAQ3Zi-U-2MnjCiyYL2ZxS_D-SdJoWAKeTqmQbKz_KLK_GjINc-GCfchnhbQ8rLWJT9s7tQ.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/12\/AQPN7XEoG-wD55p7890mwc-VavmxJjA3pFkw20d7H7DNe4QSMfNY9cyWpEuWFrpedA_UV05haTIAY9ecPP7PqZThAQ3Zi-U-2MnjCiyYL2ZxS_D-SdJoWAKeTqmQbKz_KLK_GjINc-GCfchnhbQ8rLWJT9s7tQ.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":448519,"url":"https:\/\/climatescience.press\/?p=448519","url_meta":{"origin":427153,"position":2},"title":"Ford Ditches EVs\u2013Again","author":"uwe.roland.gross","date":"06\/04\/2026","format":false,"excerpt":"For well over a century, Henry Ford and Ford Motor Company have considered, tried, and failed with electric vehicles (EVs) versus the internal combustion engine (ICE). In 1896, in fact, Thomas Edison himself advised Henry Ford to go ICE and gasoline\/diesel.","rel":"","context":"In \"$35 billion (and counting)\"","block_context":{"text":"$35 billion (and counting)","link":"https:\/\/climatescience.press\/?tag=35-billion-and-counting"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/06\/0-Ford-Ditches-EVs%E2%80%93Again.jpg?fit=1168%2C784&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/06\/0-Ford-Ditches-EVs%E2%80%93Again.jpg?fit=1168%2C784&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/06\/0-Ford-Ditches-EVs%E2%80%93Again.jpg?fit=1168%2C784&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/06\/0-Ford-Ditches-EVs%E2%80%93Again.jpg?fit=1168%2C784&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/06\/0-Ford-Ditches-EVs%E2%80%93Again.jpg?fit=1168%2C784&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":285981,"url":"https:\/\/climatescience.press\/?p=285981","url_meta":{"origin":427153,"position":3},"title":"The EV bubble popped: VW orders are down 50%, Ford loses $38,000 on each car, Toyota chief, says \u201cpeople are waking up\u201d","author":"uwe.roland.gross","date":"11\/01\/2023","format":false,"excerpt":"Errr, what\u2019s going on here? Several automakers, including Ford and GM, recently announced they would be delaying key parts of their EV rollouts. From JoNova By Jo Nova Godzilla Image by\u00a0seanselbie\u00a0from\u00a0Pixabay Last week the EV bubble popped It\u2019s been a crushing week for the EV industry as the bad news\u2026","rel":"","context":"In \"electric vehicles (EVs)\"","block_context":{"text":"electric vehicles (EVs)","link":"https:\/\/climatescience.press\/?tag=electric-vehicles-evs"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-6.png?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-6.png?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-6.png?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-6.png?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":443829,"url":"https:\/\/climatescience.press\/?p=443829","url_meta":{"origin":427153,"position":4},"title":"Volkswagen Face $1.7 Billion Fine For Missing Emissions\u00a0Targets","author":"uwe.roland.gross","date":"05\/12\/2026","format":false,"excerpt":"VW Group CFO Arno Antlitz summed it up by saying the company is essentially choosing between two losses: reduced margins from EV sales or penalties for exceeding emissions limits. Until EVs reach cost parity with ICE cars, this balancing act isn\u2019t going away.","rel":"","context":"In \"94 g of CO2 per kilometer\"","block_context":{"text":"94 g of CO2 per kilometer","link":"https:\/\/climatescience.press\/?tag=94-g-of-co2-per-kilometer"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0ChatGPT-VW-Group-Faces-1.7-Billion-Fine-For-Missing-Emissions-Target.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0ChatGPT-VW-Group-Faces-1.7-Billion-Fine-For-Missing-Emissions-Target.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0ChatGPT-VW-Group-Faces-1.7-Billion-Fine-For-Missing-Emissions-Target.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0ChatGPT-VW-Group-Faces-1.7-Billion-Fine-For-Missing-Emissions-Target.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0ChatGPT-VW-Group-Faces-1.7-Billion-Fine-For-Missing-Emissions-Target.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":426292,"url":"https:\/\/climatescience.press\/?p=426292","url_meta":{"origin":427153,"position":5},"title":"The Super Bowl Without EVs Tells You Everything","author":"uwe.roland.gross","date":"02\/15\/2026","format":false,"excerpt":"For the first time in years, there was no Super Bowl advertisement featuring an EV in a starring role. No celebrity endorsements, no sweeping promises about the \u201cfuture of driving,\u201d and no multimillion-dollar attempts to convince Americans that electric cars are inevitable. The only trace of an EV during the\u2026","rel":"","context":"In \"Biden Administration\"","block_context":{"text":"Biden Administration","link":"https:\/\/climatescience.press\/?tag=biden-administration"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOG0wUNfST1AjcIywzjZ2aJxoy1l79_vko-4dbBozekLln5Wwu_N3zsI_Xd8tkO0vyjtx_zZ0fagxpRhISlp5X0iZ09bZ2Lg44y4iVMO1WPg3Y7JerUJR0GJ8NsA8ujzL22-ZbTiBMGFFCOj17NTyh23Qdn6Q.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOG0wUNfST1AjcIywzjZ2aJxoy1l79_vko-4dbBozekLln5Wwu_N3zsI_Xd8tkO0vyjtx_zZ0fagxpRhISlp5X0iZ09bZ2Lg44y4iVMO1WPg3Y7JerUJR0GJ8NsA8ujzL22-ZbTiBMGFFCOj17NTyh23Qdn6Q.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOG0wUNfST1AjcIywzjZ2aJxoy1l79_vko-4dbBozekLln5Wwu_N3zsI_Xd8tkO0vyjtx_zZ0fagxpRhISlp5X0iZ09bZ2Lg44y4iVMO1WPg3Y7JerUJR0GJ8NsA8ujzL22-ZbTiBMGFFCOj17NTyh23Qdn6Q.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOG0wUNfST1AjcIywzjZ2aJxoy1l79_vko-4dbBozekLln5Wwu_N3zsI_Xd8tkO0vyjtx_zZ0fagxpRhISlp5X0iZ09bZ2Lg44y4iVMO1WPg3Y7JerUJR0GJ8NsA8ujzL22-ZbTiBMGFFCOj17NTyh23Qdn6Q.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQOG0wUNfST1AjcIywzjZ2aJxoy1l79_vko-4dbBozekLln5Wwu_N3zsI_Xd8tkO0vyjtx_zZ0fagxpRhISlp5X0iZ09bZ2Lg44y4iVMO1WPg3Y7JerUJR0GJ8NsA8ujzL22-ZbTiBMGFFCOj17NTyh23Qdn6Q.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/427153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=427153"}],"version-history":[{"count":13,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/427153\/revisions"}],"predecessor-version":[{"id":427167,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/427153\/revisions\/427167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/427161"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=427153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=427153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=427153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}