Ford announces a $19.5 billion writedown on EV investments, scraps next-gen electric models and shifts focus to hybrids, ...
Importantly, the frunk isn’t the only omission from the car. Ford Authority reports that the front seat map pockets are also ...
Ford is redeploying capital away from large EVs toward hybrids, trucks, and battery energy storage to improve profitability ...
Ford Kills Its Electric Truck, Sort OfFord was one of the first to the all-electric truck space, and it will be one of the ...
In taking the charges, Ford is acknowledging it built far too much battery production capacity and was going down a dead-end ...
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles. Instead it'll invest in more efficient ...
About $8.5 billion ⁠is tied to costs associated with killing several future EVs, including a planned large pickup truck that ...
Ford announced Monday it will repurpose its battery manufacturing plant in Glendale, resulting in the layoff of roughly 1,600 ...
The company is taking $19.5 billion in charges related to its EV investments as it tries to follow consumer trends.