Former Ford CEO predicts 'mass adoption' of electric vehicles will be 'tough'

Canada News News

Former Ford CEO predicts 'mass adoption' of electric vehicles will be 'tough'
Canada Latest News,Canada Headlines
  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 94%

Jenny Goldsberry covers social media and trending news for the Washington Examiner. She’s a 2020 Brigham Young University graduate with a major in communications and minor in Japanese. She was born in Utah and has previous newsroom experience at the Salt Lake Tribune and Utah’s NPR station.

Former Ford CEO Mark Fields warned the auto industry not to expect a quick adoption of electric vehicles.

Fields appeared in an interview on CNBC's Last Call following Ford striking a deal with the United Auto Workers union the day before. While some of Ford's workers had been on strike for over a month, they all returned to work this week. According to Fields, the industry will have to lower its expectations surrounding the popularity of EVs because it has a symbiotic relationship with internal combustion engine vehicles.

According to the former CEO, a better way to transition the public to EVs would be via hybrid cars. While the shift may take longer than some in the industry are asking for, it would be the most effective, Fields said. "Over time, you're going to see the industry propulsion systems shift to full battery electric," Fields went on to say."The issue is, what's the time frame for that? There's a lot of excitement around the early adopters; now you're getting to the tough part of mass adoption."Part of Ford's deal with the UAW was to include THE BlueOval City electric vehicle complex in Tennessee in the union's contract.

Currently, the Ford F-150 Lightning performs worse when carrying cargo. AAA put the electric truck to the test, loading the bed with 1,400 pounds of sandbags, which is nearly its maximum capacity. While the F-150's range is typically 278 miles, this time, the loaded EV got to 210 miles, almost a 25% drop.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

dcexaminer /  🏆 6. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lawsuit: Former Abercrombie & Fitch CEO ran sex-trafficking organization targeting prospective modelsLawsuit: Former Abercrombie & Fitch CEO ran sex-trafficking organization targeting prospective modelsA Texas constitutional amendment going before voters in November would implement the cost-of-living adjustment for retired teachers if passed.
Read more »

Ripple’s CEO criticizes former SEC Chair Jay Clayton’s commentsRipple’s CEO criticizes former SEC Chair Jay Clayton’s commentsRipple's CEO criticizes former SEC Chair Clayton’s regulatory stance and lawsuit, highlighting that charges were dropped.
Read more »

AP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by FordAP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by FordJeep maker Stellantis has reached a tentative contract agreement with the United Auto Workers union that follows a template set earlier this week by Ford, two people with knowledge of the negotiations said Saturday. The deal, which still must be ratified by members, leaves only General Motors without a contract with the union.
Read more »

AP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by FordAP Sources: Auto workers and Stellantis reach tentative contract deal that follows model set by FordJeep maker Stellantis has reached a tentative contract agreement with the United Auto Workers union that follows a template set earlier this week by Ford, two people with knowledge of the negotiations said Saturday
Read more »



Render Time: 2025-02-27 17:24:32