Ford cuts jobs in EU due to weak EV demand & Chinese rivals
Teslarati
NOVEMBER 21, 2024
The legacy automaker cited weak demand for electric vehicles (EVs), poor government support, and competition from Chinese rivals for job cuts. of its total workforce of 174,000 in Europe. Tesla launches crazy Supercharging incentive in Europe for Model Y In August, EV sales were down by nearly 44% in Europe.
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