CleanTechnica•6 days ago
Did GM Just Troll Ford?
Key Takeaway
Legacy automaker EV strategies are highly susceptible to political rhetoric and market uncertainty, impacting future demand for associated power infrastructure and developer investment decisions.
AI Summary
- •Ford is significantly scaling back its EV production plans, indicating a potential deceleration in the growth of EV charging infrastructure demand and associated power needs.
- •Political rhetoric (e.g., Trump's attacks on cleantech) is identified as a key factor influencing legacy automakers' (OEMs) EV investment decisions, introducing policy risk for developers.
- •This market shift by a major OEM could impact long-term electricity demand forecasts and PPA opportunities for renewable energy projects tied to the transportation sector.
Topics
emissionsfinancingoempolicyppa
Article Content
The EV news of the week, without a doubt, was Ford’s big pullback of its EV plans. It was disappointing, and perhaps even a bit shocking. Yes, following Donald Trump’s widespread attacks on cleantech, and electric vehicles in particular in this story, we expected legacy automakers would scale back their ... [continued] The post Did GM Just Troll Ford? appeared first on CleanTechnica .