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The race to cram heavier and heavier batteries into bigger and bigger electric vehicles hit a speed bump today when a major automaker CEO finally threw up his hands and asked why.
“I have no idea what’s going on in this industry right now,” Ford CEO Jim Farley said during his company’s capital markets event Monday. He referenced electric vehicles coming out with 450–500 miles of range, including “a three-row crossover” announced today that was likely the new electric Cadillac Escalade.
Higher ranges will necessitate bigger batteries, he noted, adding, “These batter...
