CleanTechnica•10 days ago
Ford Cuts Its EV Losses, But Sets Its EV Transition Back
Key Takeaway
Ford's decision to scale back its EV offerings signals a potential deceleration in the broader EV transition, impacting future demand projections for charging infrastructure and fleet electrification efforts for large power consumers.
AI Summary
- •Ford is discontinuing its F-150 Lightning and US E-Transit EV models, with the future of the Mustang Mach-E uncertain.
- •This strategic shift led to an increase in Ford's share price, indicating market approval of reduced EV investment and associated losses.
- •The move suggests a potential slowdown in the projected growth of EV adoption, impacting future demand for charging infrastructure and fleet electrification strategies for large power consumers.
Topics
emissionsfinancingoempolicy
Article Content
Ford is killing the F-150 Lightning and US E-Transit models. No mention was made of the Mustang Mach E, but I wouldn’t get your hopes up too much. The market responded by increasing its share price. While it is discouraging to those of us supporting clean technology, the move made ... [continued] The post Ford Cuts Its EV Losses, But Sets Its EV Transition Back appeared first on CleanTechnica .