It is fairly obvious that a car company like Ford would want a market like the UK to mandate EVs.

Firstly let me say that I like EVs, the internal combustion engine was always flawed, and moving towards motors that don't require complex gearboxes because their torque curves are so good is overall a GOOD thing for cars. Not only that but they are super quiet too and also they keep pollution out of cities and this is hugely beneficial for people's health.

But let's look at two markets that I know well. The UK car market and the Filipino car market.

The UK has a Ford EV called the Mustang Match-E, this is a mid-size crossover that's comparable size-wise to the Ford Territory and Ford Equators sold in Asia. The difference is that the Match-E starts at £51k here and the Territory starts under £19k in the Philippines.

It doesn't take a genius to work out that Ford wants to see a return on their investment in EVs by mandating them! The £51k crossover is more profitable than the £19k crossover.

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