Former President Donald Trump tore into the electric vehicle industry during a speech on June 25, 2023.
The former President and Republican Presidential Primary front-runner warned that Biden’s EV regulations are “environmental extremism” and is placing “ridiculous regulations” on the EV industry.
“Biden is a catastrophe for Michigan and his environmental extremism is heartless and disloyal and horrible for the American worker and you’re starting to see it,” Trump said.
“Driven by his ridiculous regulations, electric cars will kill more than half of U.S. auto jobs and decimate the suppliers that they decimated already — decimate the suppliers and it’s going to decimate your jobs and it’s going to decimate more than anybody else, the state of Michigan,” Trump said. “It’s going to be decimation. It’s going to be at a level that that people can’t even imagine.”
“The state of Michigan is going to be decimation,” he added. “It’s going to be at a level that people can’t even imagine.”
Well, it that may have already happened.
CNBC is reporting that Ford motor company will be conducting a round of layoffs.
From CNBC:
Ford motor company confirmed Monday it will carry out layoffs this week, primarily affecting engineering jobs in the U.S. and Canada, as the automaker seeks billions in cost-cutting measures as it restructures its business operations.
The job cuts are expected to affect all three of Ford’s business units: Ford Blue, its traditional internal combustion engine operations; Model e, its electric vehicle unit; and Ford Pro, its fleet service operations.
Ford isn’t the only company conducting layoffs.
General Motors began cutting job positions and Jeep maker Stellantis confirmed in April it was offering voluntary buyouts.
It would appear that Trump’s prediction has already started.
Trump was referring to the Biden administration plan to electrify 67% of all commercial passenger vehicles sold in the USA by 2032.
