Ford killing F-150 EV pickup, warns of whopping $19.5B writedown in dramatic electric shift
From the Right
AllSides Media Bias Rating: Right
Ford Motor said Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in 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.
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