Ford Takes $19.5 Billion EV Hit. Is the EV Revolution Over
Electric vehicles were supposed to disrupt the auto industry, but sales are down, subsidies are going away, and Ford is pivoting away from EVs and taking $19.5 billion in charges to shift to hybrids. What strategy is the right one long-term? Travis Hoium, Lou Whiteman, and Rachel Warren discuss: - Ford’s $19.5 billion…
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