Ford scraps fully-electric F-150 Lightning as mounting losses and falling demand hits EV plans

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

Ford takes $19.5 billion hit in Detroit’s biggest EV bust

The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.

Ford's $19.5 billion EV writedown: five things to know

Ford Motor announced a $19.5 billion charge on electric-vehicle investments on Monday, the most visible sign to date of the auto industry’s pullback from a technology carmakers wholeheartedly embraced early this decade.
Electrek

Ford reveals next-generation F-150 Lightning EREV, but kills off the EV version

It’s official. The all-electric pickup is dead, but Ford is promising the F-150 Lightning EREV will be “every bit
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