Ford announced a series of moves in its EV business, pivoting to a hybrid and extended range EV (EREV) strategy instead of ...
Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most ...
The Dearborn automaker will focus on higher-return products and businesses because of poor demand for EVs, high costs and ...
The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.
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Ford scales back EV ambitions, forecasts US$19.5bil write-down
The Detroit automaker pivots to hybrids, gas-powered trucks, and a new battery storage business amid weak demand and high costs.
The Dearborn, Michigan-based company said it will stop making the F-150 Lightning in its electric vehicle form, but will ...
It drives like a sports car, but winter kills the EV mode. A 2024 Prius Prime owner exposes the reality of freezing temps, ...
The Ford F-150 Lightning is discontinued. CEO Jim Farley cites "customer-driven shift" for profitability. The strategic ...
Ford says it is "following the customer" in discontinuing its large electric pickup, which was well-received but never ...
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Ford to take $19.5 billion hit, scrap planned electric cars in strategy pivot amid Trump's policies
Marking a departure from purely electric vehicles, Ford said that it would now focus on gas and electric hybrids, and ...
Sweden is the first country to receive the green light for its Climate Social Plan under the EU's new Climate Social Fund. As part of this, over 500 million ...
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient ...
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