Ford's Electric Vehicle Shift: Affordable Models & Profitability
Update: 2025-12-16
Description
Ford is pivoting its electric vehicle strategy, focusing on affordable models to achieve profitability. The company will discontinue larger EVs like the F-One-Fifty Lightning, instead retooling it with a gas-powered generator. Ford plans to launch five new affordable vehicles by 2030, four in the US, and aims for 50% of global sales to be electric by 2030. This shift comes after Model E division losses of over $13 billion, partly due to a drop in electric vehicle demand post-tax credit end.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
