Ford Motor Co cancelled a 9.6 trillion won (US$6.5 billion) agreement to purchase batteries from LG Energy Solution Ltd after ...

SEOUL] South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) ...

Four years after Ford bravely electrified its best-selling vehicle, the F-150 Lightning pickup, it seemed ready to drop the ...

LG Energy Solution announced on the 17th that it has terminated a contract with U.S. automaker Ford to supply electric ...

The electric van’s replacement will still have a battery, but not one that will power it over significant distances.

LG Energy Solution Ltd. said Wednesday it has been notified of the cancellation of a 9.6 trillion-won (US$6.5 billion) ...

Ford Motor Co. is significantly scaling back its electric vehicle program, citing years of financial losses. The automaker reported losses totaling approximately $13 billion on EV projects since 2023.

South Korea's LG Energy Solution said on Wednesday that Ford Motor has terminated an electric vehicle (EV) battery-supply ...

Automakers are shifting strategies as Chinese brands rise and regional market needs diverge from regulatory mandates.

Shortly after, his company announced it would kill several of those battery-powered models and take a $19.5 billion writedown on EV-related assets ...

Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient ...

Mass layoffs are anticipated at Kentucky’s BlueOval SK plant as Ford Motor Co. takes over and repurposes the EV battery ...