Ford takes $19.5 billion hit

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Ford takes $19.5 billion hit as it pulls back on electric vehicle plans, halts F-150 Lightning production
Ford on Monday said it is pulling back on its electric vehicle plans, a move that will result in a $19.5 billion charge against its earnings to be taken mostly in the current quarter.

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Ford cuts electric F-150 Lightning production, takes $19.5B charge in strategic shift
Ford scraps fully-electric F-150 Lightning as mounting losses and falling demand hits EV plans
Ford scales back on EV plans, takes $19.5 billion hit and halts F-150 Lightning production – here's what investors need to know
Ford is significantly scaling back its electric vehicle plans.

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Ford retreats from EVs, takes $19.5 billion charge as Trump policies grip industry
Ford’s big bet on EVs didn’t pan out — now it’s pivoting to hybrids and energy storage
Ford’s $19.5 billion pivot brings hybrids back, keeps F-150 Lightning alive
The Dearborn automaker also said it will hire "thousands of new employees" in the United States over the next few years as it shifts production in various plants and starts a new business building bat...

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Ford Scraps Fully-Electric F-150 Lightning As Mounting Losses and Falling Demand Hits EV Plans
ET Auto · 20h
Ford retreats from EVs, takes $19.5 billion charge as Trump policies take hold

Ford Abruptly Updates F-150 Lightning As EREV With 700+ Miles Of Range

Ford announced today it has cancelled the all-electric F-150 Lightning in favor of an extended-range EV. This shift, along with a new battery segment, is a major pivot.
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Ford F-150 Lightning Dies as EV, Will Resurrect as Range-Extended EV

Ford says the next generation of the F-150 Lightning pickup truck will transition to a range-extended EV powertrain.

Ford is scrapping the all-electric F-150 Lightning and other big EVs amid a scramble to find a winning electric formula that will cost $19.5 billion

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

Ford Kills the F-150 Lightning, Bets on Hybrids Instead

The automaker is ending production of its electric pickup while planning a series-hybrid F-150 and a new low-cost EV platform. “The company is shifting to higher-return opportunities,” Ford says.
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