Ford stock price held steady at its highest since 2022 after the company admitted that its electric vehicle bet had backfired ...
About 1,600 Kentuckians will be laid off as Ford Motor Co. repurposes its battery manufacturing capacity and facilities in the Bluegrass State to make energy storage systems for data ...
The launch of the automaker’s new Universal EV platform comes at a steep financial cost and with multiple organizational and ...
With road transportation accounting for almost one-fifth of global carbon dioxide emissions, it’s hard to see how the world ...
Ford announces a $19.5 billion writedown on EV investments, scraps next-gen electric models and shifts focus to hybrids, ...
About $8.5 billion ⁠is tied to costs associated with killing several future EVs, including a planned large pickup truck that ...
(Reuters) -- Ford Motor said on Monday it will take a $19.5 billion write-down and is killing several electric vehicle models ...
It's the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump ...
Ford said Monday that instead of scuttling plans to build the batteries for those vehicles, it will pivot that capacity into a new battery storage business. Those storage systems, which will use ...
Battery cell layout can reduce risk, but it cannot compensate for deeper engineering and integration failures.