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During Tuesday’s episode of NewsNation’s “The Hill,” Representative Greg Stanton (D-AZ) argued that Ford’s recent decision to scale back its electric vehicle (EV) production should not deter the ongoing push towards EV adoption. In fact, Stanton believes it should reinforce the commitment to green energy initiatives.
Host Blake Burman queried Stanton, noting the longstanding emphasis on electric vehicles over the past decade, particularly from Democratic and environmentally-minded advocates. He asked if Ford’s recent pivot suggested it was time to reconsider this approach.
Stanton firmly disagreed, stating, “Quite the contrary. It’s important to note that Elon Musk isn’t aligned with the Democratic Party, yet support for EVs spans across political lines. The Inflation Reduction Act, which Congress passed, represents the largest investment in clean energy in U.S. history, including substantial support for the EV sector. However, under Trump’s administration, there was a political shift away from these initiatives. This has placed us at a disadvantage in the global competition with China, particularly in the EV industry. By cutting these investments, companies like Ford are facing tough decisions, such as foregoing $20 billion worth of potential growth and new facilities for EV production.”
Burman countered with insights from Ford’s CEO, Jim Farley, who indicated a market response reflecting a decrease in demand, especially following the end of government subsidies. This resulted in a significant drop in sales, both month-over-month and year-over-year. He asked if this indicated customer preferences were indeed shifting.
Stanton acknowledged the market fluctuations but highlighted the role of congressional tax credits in making EVs more affordable, which had previously driven strong sales. “The industry has been caught in a tug-of-war due to changing political landscapes, particularly under Trump, leading to instability,” he said. “Despite this, the United States must continue to champion green and clean energy, including leading in the EV sector. We cannot allow China to dominate globally. While Ford is free to make business decisions as a capitalist entity, our policy aim was to bolster this industry—a goal undermined by policy reversals under Trump.”
Stanton further emphasized the necessity of investing in EV charging infrastructure to boost consumer confidence in purchasing and using electric vehicles.