Ford is taking one of the largest financial hits in its history to unwind a once bold electric-vehicle strategy, booking an EV-related charge that approaches $19.5 billion and resetting expectations ...

Ford will take $19.5 billion in charges, mostly in the fourth quarter, as it overhauls its EV strategy by canceling a planned electric F-Series truck and shifting toward gas and hybrid vehicles. The ...

Ford sent ripples throughout the automotive industry when it announced a strategic repositioning of its entire EV program. The carmaker would write off $20 billion, including the canceled F-150 ...

Ford Motor said Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry’s retreat from battery-powered ...

Ford expects to record about $19.5 billion in special items, mostly during the fourth quarter, the automaker said Monday. The charges are related to a restructuring of its business priorities and a ...

Ford (F) has announced a series of moves in its electric vehicle business, pivoting to a hybrid and extended-range EV (EREV) strategy instead of full EVs. The company will take $19.5 billion in ...

For years all the Tesla haters would talk about how EV competition was coming for Tesla. Now Ford is cancelling the F-150 Lightning and it will be replaced with an extended range hybrid. Ford CEO Jim ...

Ford faces challenge of tailoring vehicle lineups for different regions Hybrids gain traction as Ford, Stellantis shift focus from full EVs The industry backs away from previous globalization push ...

Ford Motor Company (NYSE: F) is pivoting away from electric vehicles (EVs) and at least one analyst is praising the move. The Analyst: RBC Capital Markets analyst Tom Narayan maintained a Sector ...

South Korea's LG Energy Solution said on Wednesday that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about $6.50 billion. The South Korean battery maker said in a ...