Why Ford's Price Drop on EVs and Charging Stations is Bad News

Are electric vehicle charging stations the end of driving freedom? Some worry that relying solely on electric vehicles means being tied to charging infrastructure. Sadly EV charging stations in the US are plagued by reliability issues.

Charging your EV at public stations throughout the United States can sometimes be challenging, to say the least, with stalls that are out of order, software hiccups, and occasional vandalism rendering chargers useless. To put things into perspective, we now have fresh data that paints a dreary picture of the reliability of American public EV charging.

Ford is slashing the cost of the base model, the Pro, by some $10,000, down to just under $50,000 but still above the initial $40,000 price tag. Ford said the cuts are due to “increased plant capacity, continued work on scaling production and cost, and improving battery raw material costs.” The company added that one of its vehicle assembly plants in Michigan is undergoing final upgrades to triple its output starting this fall.

Americans are not lining up to buy EV's. What are the facts and reasons for the lower prices on electric vehicles? Are the EV tax rebates enough or do they want more? Lauren Fix discusses.

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00:00 Why #Ford Price Drop on #evs and Charging Stations is Bad #news
01:10 Lauren Fix explains
03:10 electric vehicles sales

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