Electric Car News Ford Took An Early Lead In Electric Vehicles Now G M Is Surging

Ford writes down $19.5 billion as it pivots electric Lighting line of vehicles

The operating reality has changed, and we are redeploying capital into higher-return growth opportunities,” Ford CEO Jim Farley said. 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

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

Ford retreats from EVs, takes $19.5 billion charge as Trump policies grip industry

It's the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump administration's policies and weakening EV demand. Read More

Ford’s upcoming F-150 Lightning will still be electric, but you’ll need gas to go farther

Ford's next-generation F-150 Lightning ditches a pure EV format in favor of a gasoline-backed extended-range electric truck that promises massive range and towing capability. Read More

The Luxury Electric Vehicle Is in Trouble

Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles. By Neal E. Boudette Just a few years ago, ... Read More

GM bets big on electric cars even as market slows

Electric vehicle sales in the U.S. trail other major car markets where General Motors does business, which was not expected to be the case when GM first planned its broad EV portfolio. Though the ... Read More

Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ... Read More

Ford & GM Find Workaround For $7,500 Electric Car Rebate

I have to hand it to them, this is pretty brilliant. Ford Motor Co. and General Motors Co. have rolled out new dealer programs designed to keep the $7,500 federal electric vehicle lease credit alive ... Read More

Experts Predicted An EV Sales Collapse. It's Already Started

Jim Farley was right. Last month, Ford's CEO predicted that market share of electric cars would be cut in half once the federal tax credit for clean vehicles met its untimely demise on September 30. Read More

The Extraordinary Rise of Electric Cars in Developing Countries

Something remarkable is unfolding in developing countries. From Nepal to Costa Rica, more people are buying electric cars than fossil-fuel vehicles, as battery prices plummet and cheap home-grown EVs ... Read More