Electric car price war is coming, says Ford CEO
June 1, 2022
Ford CEO Jim Farley believes that the electric car market is going to soon enter a price war with upcoming $25,000 models.
Thanks to production constraints and strong demand, there’s currently nothing resembling a price war when it comes to electric cars. On the contrary, the low inventory and strong demand are resulting in dealerships charging fat premiums for electric vehicles – but one…