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Ford Rethinks its Costly EV Program – and it’s Not Alone

Ford Rethinks its Costly EV Program – and it’s Not Alone

Ford is rethinking its commitment to battery-electric vehicles, at least in the near term, company officials revealed during an earnings call. It might seem a logical move considering the automaker lost about $37,000 on every EV it sold during the third quarter. But Ford is by no means the only automaker rethinking its commitment as growth in the electric vehicle market slows. Read the story at Headlight.News.