The company is discontinuing models like the F-150 Lightning due to catastrophic losses.
Consumer rejection is driven by high costs, limited range, and impracticality.
This follows an industry-wide pattern of scaling back EV production and plans.
The shift marks a return to gasoline and hybrid vehicles that consumers demand.
The electric vehicle revolution, long championed by climate alarmists and government central planners, has hit a wall of financial and consumer reality. In a stunning admission of failure, Ford Motor Company announced this week it is taking a monumental $19.5 billion writedown as it discontinues several electric models, including its flagship F-150 Lightning pickup. This strategic retreat from all-electric vehicles marks one of the largest corporate impairments in history and signals a decisive pivot back to the gasoline and hybrid vehicles that American consumers actually want. The move, driven by catastrophic losses and evaporating demand, exposes the green energy transition as an unaffordable fantasy forced upon the public.
For years, political and environmental elites have demanded an immediate, forced transition to electric vehicles, dismissing practical concerns and economic realities. Ford’s $19.5 billion reckoning, concentrated in its electric vehicle business, is the direct result of that failed agenda. The company is essentially incinerating capital spent chasing a market that never materialized as promised. This writedown includes $8.5 billion from halted EV projects and $6 billion from exiting a battery partnership, a clear signal that the infrastructure for this mandated transition is collapsing under its own weight....<<<Read More>>>....