As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.
Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.
The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.
Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.
Watch Biden test drive the Ford Lightning pickup here:
General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”
A Heartwarming Tale of a Lost Toy and Kindness
Hearing a moving story that serves as a reminder of the kindness and generosity of people is a pleasant break from the apparently never-ending barrage of bad news. A touching story shared on Facebook by Helen Lupton has touched a lot of people.
Helen and her son Blake had visited the Pleasureland Amusements arcade in Whitby, Yorkshire. It was an amazing day filled with laughter. When they arrived home, though, they discovered that Blake’s beloved purple sloth toy, Slothy, had been left behind.
In an attempt to find the lost toy, a devastated Helen messaged the location. However, the staff informed her that nothing had been reported to lost and found. Blake was crushed because it seemed like there was no hope left.
Helen searched for a replacement toy but was unsuccessful in her mission to put things right. Then out of the blue, she received a message from Pleasureland Amusements. Someone had found Slothy!
Blake’s face lit up with pleasure as Helen broke the good news to him. Since they weren’t local, she asked if they might send Slothy back to them. A few days later, a package appeared, after the personnel kindly gave them permission.
The bundle included a number of incredibly heartfelt surprises. Aside from Slothy, there were two new toys and three containers of goodies. An emotional note inside the gift said, “Hello, we thought Pablo (as we called him before we knew he was Slothy) would get scared during his journey, so we sent him with a friend and some snacks to share with you when he got back home safe and sound.” To prevent him from getting bored, we gave him a fidget pop. I hope Pablo, also known as Slothy, stays safe going forward.
Touched by the care and friendliness of the Pleasureland staff, Helen shared the photos on Facebook. She encouraged others to visit the Whitby arcade and expressed her gratitude for the reminder that there are still nice, honest, kind, and gentle people in the world.
Hundreds more comments were left as the item was immediately seen by many more. A few people responded to the story emotionally; one individual even claimed it made them cry. Employees at Pleasureland were praised profusely; one commenter rated them “five gold stars.”
This charming tale serves as a powerful reminder that goodness endures in the world even in the face of adversity. Narratives such as this instill hope and restore our faith in humanity.
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