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Maroc Maroc - NEWMOBILITY.NEWS - A La Une - 22/Aug 09:32

Ford rethinks its EV strategy

Ford is recalibrating its electrification strategy yet again, canceling plans for a fully electric sport utility vehicle in a shift that may cost the carmaker around $1.9 billion. In addition to scrapping an all-electric three-row SUV that had already been delayed, Ford will postpone a next-generation electric pickup and reduce spending on EVs to 30% of its annual capital expenditures from about 40% previously. Continue reading at newmobility.news.

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