{"id":2383463,"date":"2024-12-25T04:26:01","date_gmt":"2024-12-25T09:26:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-the-auto-industry-had-to-say-about-evs-in-2024-washington-examiner\/"},"modified":"2024-12-25T04:28:13","modified_gmt":"2024-12-25T09:28:13","slug":"what-the-auto-industry-had-to-say-about-evs-in-2024-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-the-auto-industry-had-to-say-about-evs-in-2024-washington-examiner\/","title":{"rendered":"What the auto industry had to say about EVs in 2024 &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwhat-the-auto-industry-had-to-say-about-evs-in-2024-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2383463&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article discusses the current state of the electric vehicle (EV) industry in 2024, highlighting various concerns expressed by automotive experts. This year marks the\u200d end of President Joe Biden&#8217;s \u200bterm, which has prioritized the integration of electric vehicles into the federal fleet, with a significant increase from 2,000 to 82,000 electric and hybrid vehicles. However, this push for nationwide adoption has raised worries within \u2063the auto sector.<\/p>\n<p>Ford Motor Company estimated that manufacturing EVs requires \u206240% less labor, prompting the United Automobile Workers\u200d (UAW) union \u200cto assure job \u200cprotection for it&#8217;s members. Despite this,Ford reported a ample loss of $1.3 \u200cbillion in its EV department during\u2063 the\u200d first quarter of 2024, attributed to price reductions on \u2064electric models and funding for future\u200d research.<\/p>\n<p>Interest in\u2064 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/shocking-development-biden-plans-to-roll-back-rule-designed-to-juice-ev-push-on-country\/\" title=\"Biden&#039;s surprising move: reversing rule aimed at boosting electric vehicle adoption\">purchasing\u2064 electric vehicles<\/a> has also declined, according\u200b to a recent J.D. Power \u200bstudy which noted\u2064 the first drop in consideration rates since 2021.Key obstacles for consumers include the limited availability of affordable vehicles, charging infrastructure, \u200cand a lack of understanding about EV ownership incentives. as the industry grapples with these\u2063 challenges, it remains to be seen how these factors will influence the broader adoption of electric vehicles.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">What the auto industry had to say about EVs in 2024<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1686501\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>As more <a href=\"http:\/\/washingtonexaminer.com\/tag\/electric-vehicles\" target=\"_blank\" rel=\"noopener\" title=\"\">electric vehicles<\/a> came on the roads this year, <a href=\"http:\/\/washingtonexaminer.com\/tag\/auto-industry\" target=\"_blank\" rel=\"noopener\" title=\"\">car experts<\/a> are voicing their concerns louder than ever.<\/p>\n<div class=\"article-paywall\">\n<p>This is the last calendar year of President <a href=\"http:\/\/washingtonexaminer.com\/tag\/joe-biden\" target=\"_blank\" rel=\"noopener\" title=\"\">Joe Biden<\/a>&lsquo;s presidency, a term that saw an increase of electric vehicles in its own federal fleet. The administration issued a <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2024\/12\/09\/fact-sheet-biden-%E2%81%A0harris-administration-leads-by-example-leveraging-the-federal-government-to-catalyze-clean-energy-jobs-and-cut-costs-and-pollution\/\" target=\"_blank\" rel=\"noopener\" title=\"fact sheet\">fact sheet<\/a> in December applauding the increase of 82,000 electric and hybrid vehicles from the 2,000 under then-President Donald Trump. However, the administration&rsquo;s attempt to replicate this switch to electric vehicles nationwide has raised concerns among those in the industry.<\/p>\n<p>At the beginning of the year, Ford Motor Company estimated that EVs would require 40% less labor to manufacture. According to the United Automobile Workers President Shawn Fain, the union is confident it will protect its members from losing jobs to the electric movement.<\/p>\n<p>&ldquo;The UAW has been at the front of environmental and working-class issues. The biggest thing to us, no matter which way we go in this, we&rsquo;re going to have security for our members and for the <a href=\"https:\/\/amzn.to\/3YuVZYV\">working class people<\/a>,&rdquo; Fain said in January. &ldquo;We&rsquo;re not afraid of where we&rsquo;re headed.&rdquo;<\/p>\n<p>In April, Ford&nbsp;lost <a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/2982170\/ford-reports-loss-on-every-ev-sold-in-first-quarter\/\" target=\"_blank\" rel=\"noopener\" title=\"$1.3 billion\">$1.3 billion<\/a> in its&nbsp;EV&nbsp;department during the&nbsp;first quarter&nbsp;of 2024, which is about $132,000 per vehicle it sold. The loss was due to the car maker lowering the price of its electric models while also appropriating funds for further research. Electric vehicle revenue brought in $100 million, which is an 84% drop from last year. Ford president and CEO Jim Farley assured stockholders that Ford is pursuing greater value for all its vehicles.<\/p>\n<p>&ldquo;Customers want vehicles that they&rsquo;re passionate about, choices in how they&rsquo;re powered, quality<br \/>that&rsquo;s constantly getting better and great value,&ldquo; Farley said in a statement released with Ford&rsquo;s Q3 financials.<\/p>\n<p>J.D. Power Executive Director of EV Intelligence Stewart Stropp issued a statement in May when his company released its&nbsp;<a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/3006665\/fewer-buyers-in-market-for-ev-study\/\" target=\"_blank\" rel=\"noopener\" title=\"most recent study\">most recent study<\/a>&nbsp;of&nbsp;EV&nbsp;consideration, reporting the first time interest dropped since the study&rsquo;s inception in 2021. According to its survey of over 8,000 respondents, 24% reported they were &ldquo;very likely&rdquo; considering going electric, which was down 2% from last year.<\/p>\n<p>&ldquo;As the industry inches toward mass consumer adoption, the main roadblocks to getting consumers behind the wheel of an EV are the continued shortage of affordable vehicles, charging concerns, and a lack of knowledge regarding the EV ownership proposition, including incentives,&rdquo; Stropp said.<strong>&nbsp;<\/strong>&ldquo;As understanding of EV incentives rises, so does the likelihood of consideration. However, approximately 40% of shoppers say they do not have a solid understanding of such incentives.&rdquo;<\/p>\n<p>Toyota Motor Corporation Chairman <a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3183964\/toyota-chairman-warns-jobs-lost-shift-ev\/\" target=\"_blank\" rel=\"noopener\" title=\"Akio Toyoda\">Akio Toyoda<\/a> claimed that a U.S.&nbsp;electric vehicle&nbsp;mandate would hurt jobs in the United States and&nbsp;Japan.<\/p>\n<p>&ldquo;There are 5.<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/toyota-chairman-warns-jobs-would-be-lost-in-shift-to-evs-washington-examiner\/\" title=\"Toyota chairman warns \u2018jobs would be lost\u2019 in shift to EVs - Washington Examiner\">5 million people involved<\/a> in the automotive industry in Japan,&rdquo; Toyoda told reporters in October. &ldquo;Among them are those who have been doing engine-related [work] for a long time. If electric vehicles simply become the only choice, including for our suppliers, those people&rsquo;s jobs would be lost.&rdquo;<\/p>\n<p>The U.S. Department of Transportation is struggling to provide chargers while promoting electric vehicles under the Biden administration&rsquo;s promises. By May, the administration <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/energy-and-environment\/3065505\/one-in-five-ev-chargers-dont-work-harvard\/\" target=\"_blank\" rel=\"noopener\" title=\"\">had only built <\/a>about eight charging stations over two years with $7.5 billion on hand. Its goal is to have 500,000 new chargers by 2030.<\/p>\n<p>In December, the Biden administration reported installing 10,500 charging ports on federal facilities, and there were 52,500 charging ports in progress across the country.<\/p>\n<p>The U.S. Postal Service purchased 9,250 E-Transit vans from Ford through the end of 2024 in its switch to electric. This comes as the Biden administration pursued a 2030&nbsp;mandate&nbsp;of 50% EVs on top of a 2032&nbsp;mandate&nbsp;of 67%.<\/p>\n<p>President-elect Donald Trump has alluded to an EV mandate as a &ldquo;<a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/2924478\/social-media-captures-full-context-of-trumps-bloodbath-comment\/\" target=\"_blank\" rel=\"noopener\" title=\"bloodbath\">bloodbath<\/a>&rdquo; for the industry. Trump was in Dayton, Ohio, in March when he was disparaging electric vehicles and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/north-carolina-governor-roy-cooper-vetoes-abortion-ban-setting-up-gop-override\/\" title=\"North Carolina Governor Roy Cooper vetoes abortion ban setting up GOP override\">made campaign promises<\/a> to maintain the auto industry there. The 2024 candidate blasted China for its part in building car factories in Mexico for the cause and threatened tariffs.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><\/strong><\/a><\/strong><\/p>\n<p>By November, Trump&rsquo;s attitude softened while traveling to and from a SpaceX&nbsp;launch, which included a&nbsp;<a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/presidential\/3236479\/cybertruck-seen-trump-motorcade-spacex-launch\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Tesla&nbsp;Cybertruck<\/a>&nbsp;in the motorcade lineup. The motorcade featured a mix of the typical black Chevy sports utility vehicles and Ford trucks, plus the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cybertruck-seen-in-trumps-motorcade-to-spacex-launch-washington-examiner\/\" title=\"Cybertruck seen in Trump\u2019s motorcade to SpaceX launch - Washington Examiner\">lone electric vehicle<\/a>. Presidents have long traveled via motorcade but typically use uniform vehicles for the president&rsquo;s safety. This inclusion of a Cybertruck was a nod to SpaceX and&nbsp;Tesla&nbsp;CEO Elon Musk, who welcomed Trump to the launch site.<\/p>\n<p>Meanwhile, from January through the end of October this year, Americans bought 1,269,949 plug-in hybrids and battery-electric vehicles. Consumers are on track to beat last year&rsquo;s sales of 1.4M&nbsp;plug-in electric vehicles, which at the time was an increase of over 50% from 2022.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1686501\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1686501\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Auto industry voices concerns on EVs as adoption rises in 2024<\/p>\n","protected":false},"author":2631,"featured_media":2383464,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/electric-cars-vehicles.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[45208,47163,33451,21193],"class_list":["post-2383463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-2024-trends","tag-auto-industry","tag-electric-vehicles","tag-evs"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/07\/electric-cars-vehicles.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2383463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2631"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2383463"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2383463\/revisions"}],"predecessor-version":[{"id":2383467,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2383463\/revisions\/2383467"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2383464"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2383463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2383463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2383463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}