....the market that is important to Australian lithium, ie the US market is not enthused on EV, and more so on the back of the removal of the US green agenda by Trump 2.0 and the Tesla boycott.
....most Republicans are not keen on EVs and Elon left a sour taste in the mouth of Democrats so their enthusiasm for EVs has also waned.
Ford’s EV sales fell 25% in May despite employee prices and several other discounts
Although US sales rose 16% in May, Ford’s EV sales fell short of expectations. Even with employee prices and other discounts, Ford sold just over 6,700 electric vehicles last month, 25% fewer than in May 2024. Ford’s US sales rise in May, but EV sales struggle
Ford sold nearly 221,000 vehicles in the US last month, 16% more than the roughly 190,000 it sold in May 2024. SUVs and trucks led the growth, with sales up 25% and 11%, respectively.
Despite selling more hybrid and internal combustion engine (ICE) vehicles, Ford’s EV sales slipped 25% to 6,723 units in May.
Peter Johnson | Jun 3 2025 - 10:31 am PT
