Ford announces a $19.5 billion writedown on EV investments, scraps next-gen electric models and shifts focus to hybrids, ...

Ford said they planned to repurpose the existing BlueOval SK Battery Park in Glendale, Kentucky, shifting away from EVs and ...

About $8.5 billion ⁠is tied to costs associated with killing several future EVs, including a planned large pickup truck that ...

Ford announced Monday it will repurpose its battery manufacturing plant in Glendale, resulting in the layoff of roughly 1,600 ...

The Glendale facility will now support the energy storage demands of data centers, utilities, and large-scale industrial and ...

Gov. Andy Beshear said there are around 1,600 workers at the facility who will be impacted, but the could have different jobs ...

The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.

(Reuters) -- Ford Motor said on Monday it will take a $19.5 billion write-down and is killing several electric vehicle models ...

Ford turns tail and retreats from EVs, taking a $29 billion hit along the way, scraps battery venture and renames EV centre ...

Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most ...

Ford will repurpose EV battery plants to build grid-scale energy storage, betting on data centers as EV incentives fade.