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Ford takes $19.5 billion hit as it pulls back on electric vehicle plans, halts F-150 Lightning production
Ford on Monday said it is pulling back on its electric vehicle plans, a move that will result in a $19.5 billion charge against its earnings to be taken mostly in the current quarter. Read More
Ford to make big pivot in future vehicle offerings, add a new business
Ford Motor Co. has announced a pivot in its future electric vehicle strategy, a move that will cost it $19.5 billion to restructure its business plan, but the automaker will keep the all-electric ... Read More
Ford to scale back electric vehicle plans, taking $19.5bn hit
The US carmaker is backing away from large electric vehicles, citing lacklustre demand and recent regulatory changes under US President Donald Trump. Read More
Ford Kills the All-Electric F-150 as It Rethinks Its EV Ambitions
The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market. Read More
Americans are pumping the brakes on electric vehicle adoption: 'Affordability is a big issue'
Electric vehicle market faces natural demand test without tax incentives, as consumers cite high prices and battery repair costs as major purchase barriers. Read More
Ford pulls the plug on the all-electric F-150 Lightning pickup truck
Ford says it is "following the customer" in discontinuing its large electric pickup, which was well-received but never profitable. Ford will keep the Lightning name alive as a plug-in hybrid. Read More
USPS electric vehicle fleet behind schedule with $3B in taxpayer funds spent — and only 612 trucks built
Just 362 were made in the more than 100 days between July and November, working out to a rate of roughly three trucks per day. Read More
Despite the end of federal electric vehicle tax credits, interest in EVs growing in Iowa
According to data from the Iowa Department of Transportation, nearly all of Iowa's 99 counties saw an increase in electric vehicle registrations over the last 18 months — mirroring a similar trend ... Read More
Ford scraps fully-electric F-150 Lightning as mounting losses and falling demand hits EV plans
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles. Read More
Electric vehicles are an immersive, fun driving experience
New electric vehicles now feature immersive technology that makes your driving experience seamless and safe. Some cars feature augmented reality technology, which can scan for obstacles nearby. SEE ... Read More
Electric vs. conventional vehicle insurance: What sets them apart?
India's EV adoption is growing, making EV car insurance crucial. Unlike conventional policies, EV insurance covers unique components like batteries and charging systems. Premiums and coverage differ ... Read More
Teen hospitalized after electric vehicle collision in Washington City
A collision in Washington City between an electric motorcycle and an electric bicycle sent a 13-year-old girl to the hospital Monday evening. Read More
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