Ford will take a $19.5bn (£14.5bn) hit as it tore up plans to invest significant sums into electric cars. The US car giant ...
Government mandates and subsidies drove the automaker to bet big on electric vehicles, leaving it now with a $19.5 billion ...
Ford on Monday said it is pulling back on its electric vehicle plans, a move that will result in a $19.5 billion charge ...
The Detroit automaker, which has poured billions of dollars into electrification, said it will no longer make the F-150 ...
Ford cuts F-150 Lightning production as CEO Jim Farley shifts strategic focus to hybrids and affordable EVs, taking massive ...
Ford Motor is keeping the F-150 Lightning, but changing its technology. It plans to add thousands of jobs and enter this new ...
Although the sector’s future is cloudier than it once was, experts say a eulogy for automakers’ electric dreams would be ...
The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market ...
Ford's next-generation F-150 Lightning ditches a pure EV format in favor of a gasoline-backed extended-range electric truck ...
The end of the best-selling electric pickup truck is here: Ford is pulling the plug on the F-150 Lightning by the end of the ...
The company has lost $13 billion on EVs since 2023 and said it expects to take a $19.5 billion hit largely in the fourth ...