THE CHEAPEST ENTHUSIAST CAR? HUGE LAYOFFS AT OEMS! FORD EV CANCELED | THISCARPOD! EP24

EV Channels Review

Ford has officially canceled its plans for a three-row electric SUV, shifting focus to hybrids. The hosts express surprise at the lack of competition in the three-row EV segment, noting the Kia EV9 as the primary affordable option. They attribute Ford's decision to poor Mach-E sales and the challenging economics of large EVs, suggesting a potential slowdown in the EV rollout and a renewed interest in hybrids and plug-in hybrids. The discussion also touches on the broader trend of layoffs across OEMs as demand softens, contrasting with the previous boom times. The segment highlights the current market's shift away from aggressive EV expansion towards more practical hybrid solutions, driven by both consumer demand and economic realities.