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You might think Ford is leading the EV race, but Ford's unexpected slowdown and GM's aggressive expansion reveal a surprising ...
Ford says that it plans to continue developing electric vehicles, but will adjust its strategy to better align with the brand’s expertise. (And, presumably, what buyers are buying.) The ...
Ford is rolling back its earlier EV goals, leaning more into the truck segment and hybrid powertrains. The announcement marks a major shift in the brand's EV plans.
Ford (F) is overhauling its electric vehicle strategy, which includes dropping its plan for a new electric SUV and ramping up U.S. battery production.
Ford CFO John Lawler said Wednesday that the company’s future capital expenditure plans will shift from spending about 40% on all-electric vehicles to spending 30%.
Ford also says its next electric pickup truck won't start production until 2027. The strategy shift comes amid lots of growing pains in the EV market.
DETROIT — Facing competition from automakers with lower costs, Ford Motor Co. is shifting its electric vehicle strategy and now will focus on making two new electric pickup trucks and a new ...
Ford is rolling back its earlier EV goals, leaning more into the truck segment and hybrid powertrains. The announcement marks a major shift in the brand's EV plans.
The shifts in the automaker’s electric vehicle strategy will cost the Detroit automaker up to $1.9 billion in expenses and write-downs.