What does ending endangerment mean for automakers who were bought into Biden’s electric vehicle “transition”? Sweet relief, if they are smart enough to accept it.
We’re reminded that back in February, Gizmodo reported:
“Ford’s electric vehicle business lost $5.1 billion in 2024, even worse than its loss of $4.7 billion the year prior. It expects to lose even more, $5.5 billion, on EVs in 2025.”
These losses are so large that energy expert Robert Bryce estimates Ford lost “$52,113 for each EV it sold in 2024.” You can’t cover losses like that on volume.
In the first quarter Ford lost “only” $849 million on EVs. But the second quarter 2025 loss of $1.3 billion is even bigger than last year, and Ford reinstated its forward guidance, so an EV loss in the $5 billion range may happen again this year after all.
Biden’s EV obsession is destroying this once-great company.
Now that there is no federal policy forcing them down this path, will they have the sense to change course?