This is just a direct result of the strike activity. Internally they are in complete alignment that Eevee is the future and the execution toward that has not diminished. They’re Also occupied with bringing new manufacturing facilities online that will streamline EV production, which is taking higher priority than this project. We can expect with each subsequent gasoline price bike, of which there will be many in the next two years the progression to electric vehicles will accelerate and think about it is, it’s like a snowball running down a hill, once it really gets rolling, it’s going to go nuts. The reason is that gas stations operate on such low margins, so in order to keep operating, for every percentage that the market turns to electric vehicles, the gasoline price will go up by corresponding percent. That is the reason it’s inevitable, that is the reason once it really gets going the manufacturers that are positioned for it are going to win. The snowball isn’t rolling fast enough down the hill yet, but I fully expect Ford to drop the hammer on this one in about 12 months.
This is just a direct result of the strike activity. Internally they are in complete alignment that Eevee is the future and the execution toward that has not diminished. They’re Also occupied with bringing new manufacturing facilities online that will streamline EV production, which is taking higher priority than this project. We can expect with each subsequent gasoline price bike, of which there will be many in the next two years the progression to electric vehicles will accelerate and think about it is, it’s like a snowball running down a hill, once it really gets rolling, it’s going to go nuts. The reason is that gas stations operate on such low margins, so in order to keep operating, for every percentage that the market turns to electric vehicles, the gasoline price will go up by corresponding percent. That is the reason it’s inevitable, that is the reason once it really gets going the manufacturers that are positioned for it are going to win. The snowball isn’t rolling fast enough down the hill yet, but I fully expect Ford to drop the hammer on this one in about 12 months.