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Ford slows EVs, sends a truckload of cash to investors

Ford is slowing investment in new EV capacity to match slower demand following a seismic change in EV pricing over the past year, Ford executives told analysts. The next generation of Ford EVs will be launched "only when they can be profitable," Marin Gjaja, head of the Model E EV business, told analysts Tuesday.
United States John Lawler Mary Barra Marin Gjaja Jim Farley Ford Motor

BBCNEWS World Business Report June 4, 2024 04:49:00

Week. we will see you again soon. now, talking about where we will be in ten years. the automotive world is changing and changing rapidly, and nowhere was that more visible than at the goodwood festival of speed, here in england, which ended yesterday. alongside the vast array of raucous petrol—powered machinery on display was a range of whisper quiet but high—performance electric machines. the ford motor company was among those who used the event to showcase their electric offerings. its vi...
South East England Goodwood Festival Of Speed Raucous Petrol Ford Motor Company Electric Machines Ford Model E

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