Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning ...
Farley had spent years telling staff and investors that catching up to Tesla and China’s leading EV makers amounted to an existential struggle. Now – after losing about $13 billion on EVs since 2023 ...
Ford Motor Co. is significantly scaling back its electric vehicle program, citing years of financial losses. The automaker reported losses totaling approximately $13 billion on EV projects since 2023.
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