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Ford’s top boss is sounding the alarm on electric vehicles, warning that President Donald Trump’s policies are hurting the industry.
Speaking at the Ford Pro Accelerate conference in Detroit on Tuesday, CEO Jim Farley said he expects U.S. demand for EVs to shrink far more than automakers anticipated.
“I wouldn’t be surprised if EV sales in the US go down to 5%,” Farley told the audience, according to Bloomberg. Sales of EVs currently account for nearly 10% of the broader domestic…
