CleanTechnica•4 months ago
Ford’s Dramatic EV Departure — Diving In
- •Ford is writing off $19.5 billion in EV investments and dropping certain EV plans, citing unprofitability of key models like the F-150 Lightning and Mustang Mach-E.
- •This signals a potential re-evaluation of the pace and profitability of EV adoption by a major OEM, which could impact future demand projections for grid infrastructure and charging solutions.
- •The announcement highlights the significant financial challenges and strategic shifts occurring in the EV market, influencing how large power consumers might approach fleet electrification and associated energy planning.
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