EV Crossroads: Fields on Slower Growth, Subsidy Impact
Update: 2025-10-27
Description
Former Ford CEO Mark Fields discusses the future of the US electric vehicle market after the expiration of federal tax credits, predicting a gradual increase in EV adoption despite an initial slowdown. While companies like GM and Ford face financial adjustments due to slower-than-expected demand, experts like ex-Tesla president Jon McNeill suggest the US market may sustain growth without subsidies, mirroring trends seen in Europe. Despite differing opinions and near-term projections of modest EV sales, investor confidence in Ford's EV strategy remains strong.
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