The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.
Dec 15 (Reuters) - Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle ...
The charges are related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, ...
The company is taking $19.5 billion in charges related to its EV investments as it tries to follow consumer trends.
Ford Motor Co. intends to convert a Kentucky electric vehicle battery plant so it can produce cells for energy storage to ...
Ford’s announcements today can’t be said to have come out of the blue. Rumors of the F-150’s demise have been circulating for ...
The company is abandoning plans for a brand new all-electric pickup truck codenamed "T3" and ending production of the battery ...
The current-generation Ford F-150 Lightning is dead, Ford officials confirmed on Monday. Couched in a bunch of EV news and an ...
Ford announced a series of moves in its EV business, pivoting to a hybrid and extended range EV (EREV) strategy instead of ...
The move comes as a response to the Trump administration's waning support for electrification and a weakening consumer market ...
US carmaker overhauls plans as it faces tepid demand for some EVs and navigates Donald Trump’s regulatory changes ...
The automaker also introducing some new products as part of this plan, including an extended-range EV version of its F-series ...
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