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Valued Social Butterfly
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Re: $900MM on electric car production in Michigan

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Message 11 of 14

@Richva 

No, it is not dead - in fact many of the foreign makers in the SE are heading forward  creating and marketing not only a few economical ones but also those of luxury and a few going into larger vehicles - trucks / SUVs.

You have to give people what they want to drive - size, use, features - that's the utilitarian use of motor vehicles.    If the lucrative tax deduction is gone - they have to be sold on their own merit and use - functionality.

 

We just got a big foreign EV battery maker here - lots of money being invested - will be hiring about 2000 people in a suburb of Atlanta - Jackson County.

 

How many charging stations do you have in your state?  Are they conveniently located?

 

 

* * * * It's Always Something . . . Roseanne Roseannadanna
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Treasured Social Butterfly
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Re: $900MM on electric car production in Michigan

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Message 12 of 14

GM just closed several plants in Ohio as their other plants are more effective producing electric and self-driving vehicles.  Progressively thinking....


"FAKE 45 #illegitimate" read a sign at the Woman's March in Washington DC, January 21, 2017.
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Re: $900MM on electric car production in Michigan

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Message 13 of 14

I certainly wish Ford the best in this new venture. Looking at their stock (currently selling for $8.51), it has been trending downward for several years! Hopefully, this will turn the stock around.

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$900MM on electric car production in Michigan

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Message 14 of 14

I guess the electric car is not dead even after the Chevy Volt bit the dust, eh? 

 

Ford Motor Co. plans to spend about $900 million and hire about 900 workers to build electric and self-driving vehicles in Michigan, while moving production of a small commercial van to Mexico from Europe.

 

https://www.bloomberg.com/news/articles/2019-03-20/ford-invests-900-million-to-build-electric-vehicl...

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