Ford concern EV’s are only for the rich

Ford has raised concerns that electric cars might soon only be bought and run by the very rich. That strikes a chord with the average motorist who is forced to buy ever increasingly expensive fuel.

EV’s might be getting more expensive, but fuel prices are getting more expensive too, which may facilitate a faster transition to EV. Clearly the cost of producing an EV and the price tag can present a financial burden for most families, as they are typically more expensive than oil burners.

The governments around the globe need to do more to ease the transitionto EV.