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Ford CEO: Stopping the $7500 tax incentive will cut the EV industry in half

Posted on 10/2/25 at 4:51 pm
Posted by weagle1999
Member since May 2025
1548 posts
Posted on 10/2/25 at 4:51 pm
Uh oh EV bros.

quote:

Ford CEO Jim Farley, speaking at the Ford Pro Accelerate summit in Detroit on Tuesday, said he sees a huge impact from the policy change. While he still sees EVs being a “vibrant industry” going forward, it’s also “going to be smaller, way smaller than we thought.” He called the end of the $7,500 consumer incentive a game-changer and said he wouldn’t be surprised if EV sales in the U.S. go down to 5% of the industry from the current level of roughly 10% to 12%. The most recent forecast from J.D. Power and GlobalData estimated that EVs would account for 12.2% of new-vehicle sales in September 2025.


LINK
This post was edited on 10/2/25 at 4:52 pm
Posted by N2cars
Close by
Member since Feb 2008
37867 posts
Posted on 10/2/25 at 4:51 pm to
Good.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58265 posts
Posted on 10/2/25 at 4:52 pm to
Good
Posted by East Coast Band
Member since Nov 2010
66862 posts
Posted on 10/2/25 at 4:53 pm to
Other than Tesla, I don't think any auto manufacturers are doing well with their EV vehicles.
Some have more or less abandoned the projects
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
293053 posts
Posted on 10/2/25 at 4:54 pm to
Then so be it. frick govt interventionism.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
128624 posts
Posted on 10/2/25 at 4:55 pm to
Good

Put basic arse V6 and V8s in everything

No turbo, no soft hybrid
This post was edited on 10/2/25 at 4:57 pm
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
12449 posts
Posted on 10/2/25 at 5:00 pm to
If it can’t survive on its own, l don’t care. See what the free market does.
Posted by LSUtoBOOT
Member since Aug 2012
18934 posts
Posted on 10/2/25 at 5:01 pm to
quote:

Good Put basic arse V6 and V8s in everything No turbo, no soft hybrid

Might as well get rid of GDI technology that is garbage and results in more pollution by burning oil and mucking up the combustion chamber.
Posted by dakarx
Member since Sep 2018
8122 posts
Posted on 10/2/25 at 5:01 pm to
Posted by TDTOM
Member since Jan 2021
24266 posts
Posted on 10/2/25 at 5:06 pm to
so, people really don't want EVs?
Posted by Oilfieldbiology
Member since Nov 2016
41104 posts
Posted on 10/2/25 at 5:06 pm to
Good
Posted by Oilfieldbiology
Member since Nov 2016
41104 posts
Posted on 10/2/25 at 5:07 pm to
quote:

GDI technology


Cargo shorts and graphic tees have nothing to do with EV’s. Actually, it might
Posted by GurleyGirl
Georgia
Member since Nov 2015
14380 posts
Posted on 10/2/25 at 5:07 pm to
Good
Posted by Indefatigable
Member since Jan 2019
35461 posts
Posted on 10/2/25 at 5:09 pm to
Until rapid charging has reached a point where it can be done in the same time as it takes to fill up at the tank, AND chargers are as ubiquitous as gas stations, EV’s have pretty much hit their ceiling on market share.

As things stand, it only works for people who don’t drive much.
This post was edited on 10/2/25 at 5:10 pm
Posted by N2cars
Close by
Member since Feb 2008
37867 posts
Posted on 10/2/25 at 5:12 pm to
And Im not even anti-EV, in general.





Posted by Arkapigdiesel
Faulkner County
Member since Jun 2009
15350 posts
Posted on 10/2/25 at 5:12 pm to
quote:

so, people really don't want EVs?
Posted by Giantkiller
the internet.
Member since Sep 2007
24319 posts
Posted on 10/2/25 at 5:14 pm to
quote:

Ford CEO: Stopping the $7500 tax incentive will cut the EV industry in half


I doubt it.. Instead it'll let the free market work like it's supposed to. And I'm a Tesla owner (which I love BTW)

Nobody wants any of those other shite arse EV'S. Teslas are cool. They're fast. They're sleek. It's literally almost like driving a space ship. Who wants to drive some shitty electric Ford?
Posted by Bourre
Da Parish
Member since Nov 2012
22845 posts
Posted on 10/2/25 at 5:18 pm to
quote:

If it can’t survive on its own, l don’t care. See what the free market does.


This
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 10/2/25 at 5:19 pm to
Oh no, anyways.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
29906 posts
Posted on 10/2/25 at 5:21 pm to
This has been a massive clusterfrick by politicians, US car manufacturers, and, "the people" deserve a lot of the credit for making it a political issue. Vehicle sales have been a driver of the industry for 100 years and I guarantee EVs are going to be a major part of passenger car sales in the future. We had a massive competitive/technological advantage over every other country in the world, and we ceded it to Europe and China.

This is winning the battle and losing the war.
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