by WorldTribune Staff, August 26, 2024 Contract With Our Readers Ford announced last week that it is backing away from manufacturing an all-electric, three-row SUV and will instead produce hybrid vehicles for its next rollout of three-row SUVs. Earlier this year, data found that electric vehicles significantly stifiled Ford’s profit margin. Ford Model e, the […]
by WorldTribune Staff, January 12, 2024 Hertz Global Holdings Inc. said it will sell off 20,000 electric vehicles (EVs) due to weak demand and high repair costs. “The elevated costs associated with EVs persisted,” Hertz Chief Executive Officer Stephen Scherr said in an interview. “Efforts to wrestle it down proved to be more challenging.” The […]
by WorldTribune Staff, September 26, 2023 Researchers found that toxic byproducts from mining for minerals used in “green” energy have had devastating impacts on 23 million people worldwide, as well as 5.72 million livestock, over 16 million acres of irrigated farmland, and over 297,800 miles of rivers. The toxic runoff is coming from mines which […]
by WorldTribune Staff, July 31, 2023 Ford said it expects to lose $4.5 billion from its electric vehicle (EV) segment this year, a $1.5 billion larger loss than the company had expected. Back in March, Daniel Greenfield noted in a Front Page magazine analysis: “Ford plans to make 2 million electric cars every year by […]
by WorldTribune Staff, December 1, 2022 In mining the metals needed for its electric vehicle industry, China has created an environmental catastrophe in Indonesia that might never be cleaned up, a report said. In a Nov. 28 report titled “The Dirty Road to Clean Energy: How China’s Electric Vehicle Boom Is Ravaging the Environment”, the […]