THE BIDEN EFFECT: Ford to Lose $4.5 Billion on Electric Vehicles This Year
The Biden effect.
The Biden Regime is FORCING electric vehicles on the American people and China controls the critical minerals needed for the car batteries.
Ford Motors has poured billions of dollars into producing electric vehicles as the Biden Regime wages war on gas-powered vehicles.
The electric vehicles have proven to be a money pit for Ford.
Ford also recently announced it is cutting 1,000 jobs in the United States and Canada after accepting a subsidy from the Biden administration to produce more electric vehicles.
Earlier this year it was reported that Ford may lose $3 billion this year on electric vehicles.
According to the latest analysis,
