(FOX BUSINESS) – The CEO of one of the country’s biggest car manufacturers explained why electric vehicles (EVs) may not be a lightning hit for consumers.
“We’re going into the mass consumers who have a lot of charging anxiety,” Ford CEO Jim Farley warned when explaining the growing push for EVs. Farley joined “Special Report” on Tuesday to discuss the EV push as demand for the greener alternative has yet to peak.
“They [consumers] don’t have range anxiety, they have charging anxiety,” Farley stressed again.