Ford Braces for 50% EV Sales Drop After Loss of $7,500 Tax Credit

Ford's CEO, Jim Farley, says he's expecting the company to lose half of consumer demand for EVs now that the federal EV tax credit has expired. Farley told CNBC he "wouldn't be surprised" if sales of EVs plummeted from around 10 to 12 percent market share to around 5% now that the incentives have ...

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