Ford Stock (F): Company Resets Electric Vehicle Strategy

Ford Stock (F) News Update Major Shift in Electric Vehicle Strategy Ford Stock (F) News Update Major Shift in Electric Vehicle Strategy

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[{"selector":"#anim-c017c687-a238-44f6-af49-fccdec66adef","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-61040192-1b3f-4399-be20-f6566f428c78","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] EV Plans Scaled Back The company confirmed it is reducing investment in pure electric vehicles , including changes to some planned EV models. EV Plans Scaled Back The company confirmed it is reducing investment in pure electric vehicles , including changes to some planned EV models.

[{"selector":"#anim-625f1228-8dea-4872-a8cf-6b487acd360d","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-7459d70a-b595-4b15-868d-ced6194b7f9f","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Financial Impact Ford reported an estimated $19.5 billion charge related to the EV strategy reset and project adjustments. Financial Impact Ford reported an estimated $19.5 billion charge related to the EV strategy reset and project adjustments.

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[{"selector":"#anim-dad00b65-0906-460e-be38-c3112af700a4","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8df1a39d-0af2-457e-a899-b021cca34b52","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-33f6ef5c-1adf-4d84-ac8d-e64a899e9d71","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-976e9372-a2a6-4cb1-85c8-821dfe4250ea","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Reason Behind the Decision The company cited: – Slower EV demand growth – High production costs – Changing government incentives as key factors behind the move. Reason Behind the Decision The company cited: – Slower EV demand growth – High production costs – Changing government incentives as key factors behind the move.

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[{"selector":"#anim-53cbd406-e0a8-4ab0-87cc-ee32c6fefe71","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-187dfb45-083f-40bc-b66b-d774017e6abf","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-32fd097f-6e5c-451e-9217-e8e67fa4503d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Industry Context The move highlights broader challenges faced by automakers as the global EV market adjusts to real-world demand. Industry Context The move highlights broader challenges faced by automakers as the global EV market adjusts to real-world demand.

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[{"selector":"#anim-cf06b308-d74f-415a-b617-e7d2d0018abf","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-44f23520-5f7f-4ca2-acae-8a3ca452061c","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5d15a9ff-34f9-4c96-a382-2ddb983a0c0a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Ford’s updated strategy marks a major shift in its automotive roadmap Follow for more business and auto industry updates Images: Unsplash GIF: Free stock animation Ford’s updated strategy marks a major shift in its automotive roadmap Follow for more business and auto industry updates Images: Unsplash GIF: Free stock animation