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.”
In Тhе Shаdоw Оf Irоn: Undеrstаnding Оur Неritаgе Тhrоugh Нistоriсаl Аrtifасts
Have you ever visited a history museum or a battlefield with your school, when the teacher would give you a cannonball to hold and demonstrate how heavy it was, describing the sounds of battles and explosions in the open field? These experiences encouraged people to think, and provided a glimpse into our history and the physical reminders of conflicts that defined a country.
Cannonballs, the huge iron balls that used to roll out of the barrels of cannons, are typical relics of warfare of earlier centuries. Its basic yet effective structure was instrumental in battles from the medieval period up to the 19th century. Made from solid or hollow iron, these round shaped projectiles were used to knock down walls, disperse the enemies and to pierce through the sides of the enemy ships.
Cannonballs provide a rich understanding of how wars have been fought and the technologies used in the course of history. Every cannonball found or conserved today has a tale of ancient battles and the unrelenting search for military improvement. They were not just weapons of the warfare but also means that played a role in determining the fate of major battles and thus history. Their application and evolution offer an interesting insight into the creativity and adaptability of the military engineers of the past.
To those who collect antiques, an old cannonball is a precious find, a piece that tells a story of great history. People keep these artifacts as trophies for their historical value and the tales that are told by the rust marks on the items. But it is important that collectors do not mishandle these pieces as some of the older cannonballs may still contain unexploded explosives
Thinking about the cannonball, we recall that people are capable of both dеstruсtiоn and innovation. Nowadays, as we showcase these relics in museums or preserve them as antiques, they become sources of information and topics for discussion that can pique the curiosity of people and make them more aware of history.
In conclusion, whether one considers cannonballs to be valuable collectibles or relics of the past, they remind us to look into the past to learn more about our forebears’ victories and tribulations. They urge people to protect and cherish the culture and history so that the coming generations may be able to understand and feel it as we do.
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