As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.
Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.
The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.
Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.
Watch Biden test drive the Ford Lightning pickup here:
General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”
3-year-old boy dies in car crash on way to his own birthday party – rest in peace
A heartbreaking tragedy took place when a 3-year-old boy named Josiah Toleafoa was killed on the day he was supposed to celebrate his third birthday.
The sweet boy and his family were at the parking lot of Play City, an indoor venue for kids’ parties, when a car hit Josiah.
Witnesses of the tragedy said that his devastated mother screamed and cried hysterically as paramedics were trying to save his life. Unfortunately, Josiah didn’t make it. He died at the Rady Children’s Hospital.
This family’s lives turned upside down. What was supposed to be a day of joy turned into the worst experience of their lives. Their happiness was replaced with grief and sorrow and their world shattered into a million pieces.
Reportedly, the 36-year-old driver who killed Josiah and whose identity hasn’t been confirmed wasn’t under influence of drugs or alcohol. He stayed at the scene and cooperated with the authorities and reasons behind the loss of control haven’t been confirmed.
Members of the family started a GoFundMe to help Josiah’s mom and dad with the funeral expenses.
“JOSIAH brought the family together- his incredible SMILE, LOVING HEART simply brought JOY to any room. There was no time to see him do amazing things. I KNOW HE WOULD HAVE MADE A DIFFERENCE IN THE WORLD,” the boy’s aunt, Tatiana Toleafoa wrote.
“We’re doing this gofundme to help with my sweet nephew’s funeral expenses and services for the little angel that touched so many lives in so many different ways before he was called to Heaven. Any amount would help, anything at all. We are so thankful to have loving family and friends to be with us and love us through this horrible tragedy and want to be able to put him to rest to say goodbye and never forget the little boy who loved with a tremendous heart,” the page stated.
The owner of Play City donated $2,000 to the Josiah’s family and that the landlord matched his donation as well.
Currently, no arrests have been made.
We are so very sorry for this family’s heartbreak. There is no greater loss than that of losing a child.
Rest in peace, Josiah.
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