Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles.

The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market.

The European Union is preparing to introduce a new vehicle category known as the “E-car,” designed to make small electric vehicles more affordable by easing technical regulations applied to conventional battery electric vehicles.

REEVs are staging a comeback with over 3 million vehicles expected to hit the road by 2030, with China leading, followed by US and EU.

DETROIT (AP) — Sixteen states and the District of Columbia are suing President Donald Trump’s administration for what they say is the unlawful withholding of over $2 billion dollars in funding for two electric vehicle charging programs, according to a federal lawsuit announced Tuesday.

Electric vehicles have grown in visibility in recent years with new models being released, government tax incentives, and major investments from automakers.

Ford says the next generation of the F-150 Lightning pickup truck will transition to a range-extended EV powertrain.

Ford said it plans to take on about $19.5 billion in one-time charges related to a restructuring as the automaker scales back some of its EV plans.

Much of that sum reflects expenses related to canceling fully electric models that had been years in the making.

Robotaxis and humanoid robots may grab the spotlight, but Tesla's EV business is still holding up the entire production.

The European Commission backed away from what had been the world’s most aggressive timeline for phasing out internal-combustion engines, granting manufacturers and consumers more time to move off gasoline.