Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans

The New York TimesMonday, December 15, 2025 at 11:10:15 PM
Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans
  • Ford Motor announced a significant financial setback, projecting a $19.5 billion loss due to a strategic shift towards producing fewer electric vehicles and increasing the production of hybrid models, including the F-150 Lightning, which will no longer be a fully electric vehicle.
  • This decision reflects the company's response to declining electric vehicle sales and the expiration of federal tax credits, which have impacted consumer demand and forced Ford to reassess its electric vehicle strategy amidst a competitive market.
  • The broader implications of this shift highlight ongoing challenges faced by traditional automakers in adapting to the electric vehicle market, especially as they navigate partnerships and regulatory pressures in Europe, where competition with companies like Stellantis intensifies amid climate proposals.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Ford takes $19.5bn hit amid electric vehicle retreat as Trump policies bite
NegativeFinancial Markets
Ford announced a $19.5 billion writedown and the discontinuation of several electric vehicle models, including the F-150 Lightning, as it shifts focus towards gas and hybrid vehicles amid declining demand for EVs and the impact of Trump administration policies.

Ready to build your own newsroom?

Subscribe to unlock a personalised feed, podcasts, newsletters, and notifications tailored to the topics you actually care about