melvimbe
FRF Addict
Ford outlines EV investment structure for its dealers as it chases Tesla-like profit
The automaker is asking its nearly 3,000 dealers to invest upward of $1 million for upgrades to sell all-electric vehicles.
www.cnbc.com
Rather interesting. I read this to mean the Ford isn't 100% convinced that EVs are the future, but also doesn't want to be at a disadvantage when it comes to direct EV sales. Pushing dealerships to be more efficient in the sales process makes sense, particularly since dealerships can continue to make money on the service side.
Maybe more importantly, it does say that Ford doesn't think they'll be dropping all ICE vehicles in the near future. There would be no reason to have an opt out and be a ICE only dealership, it would be a matter of get on board or go away.