Electric vehicles are the trend right now. More and more automakers are going on to make more EVs with the hope of upscaling their sales. But as much as it might seem like this is the case, it is the complete opposite. EV sales have gone down drastically, leaving only the giants at the top. There are a number of reasons for this, but it all boils down to the fact that other automakers that have not specialized in EVs are selling them at a higher price than expected. This is because they are trying to get into a market that they are not used to. But because of the drop in sales, Ford and GM have decided to dismantle their entire EV strategy. But what is the real reason behind this? Let’s find out, shall we?
Hello everyone, and welcome back to our channel. Today, we will look at the reason behind Ford and GM dismantling their entire EV strategy. But before we continue, make sure you leave a like and subscribe to our channel for more amazing updates on your favorite cars. And with that, let’s find out the reason why Ford and GM are dismantling their entire EV strategy.