Gas Car Sales Collapsing in China Now and Will Collapse in Europe By 2025
There were 3.4 million cars on dealer lots in February 2023 and there were about 4 million at the end of March 2023. 75% of the cars are ICE (Internal combustion engine). Ford revealed their EV division financials for Q1 2023. Ford is taking about $110,000 to make $55,000 BEVs. Ford is losing about $50,000 …