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.”
Prince Philip’s brutal nickname for Meghan Markle revealed
According to a royal expert, the late Prince Philip had a rather pointed nickname for the Duchess of Sussex, and it wasn’t so kind.
The nickname suggested a comparison to Wallis Simpson, the controversial wife of the former King Edward VIII, drawing parallels between Meghan Markle and Wallis, both American and divorced when they married into the royal family.
Prince Philip supposedly referred to Meghan with a name that made reference to this connection.
Wallis Simpson and King Edward VIII
Wallis Simpson, an American divorcée who became the Duchess of Windsor, was one of the most controversial royal figures in recent history after King Edward VIII decided to abdicate the throne in December 1936 (after less than a year as a monarch) to be able to marry her.
At the time, royals were prohibited from entering into a marriage with a divorced person – a rule that did not change until 2002, just three years before the then-Prince Charles married Camilla, per the Royal Observer.
Following King Edward and Wallis Simpson’s marriage, they were not allowed to return home without the permission of his brother, the new King George VI, as there were fears it could potentially cause public unrest, Vogue detailed.
During their years of exile, the Duke and Duchess of Windsor constantly attracted headlines – with one of their most shocking incidents occurring in 1937 when they visited Nazi Germany and were photographed giving the notorious Nazi salute upon meeting Adolf Hitler.
Prince Philip’s brutal nickname
Royal biographer Ingrid Seward shed light on Prince Philip’s perspective during an interview with GB News, suggesting that he thought Meghan and Wallis Simpson had many similarities, leading to the adoption of a discreet nickname for the Duchess of Sussex.
Allegedly Prince Philip, who Seward says was known for his astute judgment of character, couldn’t overlook the resemblances between Meghan and Prince Harry and Edward and Mrs. Simpson.
“I think that Prince Philip was very canny about people and he didn’t always see bad in people, he often tried to see the good in them,” Seward said.
“He just could not get away from the similarities between Meghan and Harry and Edward and Ms Simpson, which his why he used to call her the Duchess of Windsor. Not to her face though, he used to call her DOW,” she added.
In her book ‘My Mother and I‘, Seward delved further into Prince Philip’s reservations about Meghan, describing him as “wary” of the former Suits actress and her potential impact on the royal family.
While Prince Philip saw Meghan as potentially disruptive, Queen Elizabeth II held “high hopes” for her, indicating differing perspectives within the royal family regarding Meghan’s role and influence.
Prince Harry and Meghan Markle left royal life
Since stepping back from their royal duties in 2020 and relocating to California, Meghan and Harry have maintained a relatively low profile within the royal sphere.
While Harry is set to visit the UK for the 10th anniversary of the Invictus Games, with a service to be held at St. Paul’s Cathedral on May 8, according to the Daily Express. Meghan is expected to remain in the US, citing safety concerns and a desire to avoid stirring up controversy.
Despite occasional returns to the UK for significant events like Queen Elizabeth II’s funeral in 2022, Meghan has opted out of attending others, such as King Charles III’s coronation, which Harry attended alone last year.
It’s clear that Meghan is choosing to prioritizing her safety and peace amidst constant scrutiny and public interest in her relationship with the royal family.
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