Ford postpones USD 12 billion in EV spending
On October 26, it was announced that Ford is scaling back their investments in EV by USD 12 billion, citing lack of demand for EVs, which in turn, is being driven by high prices. Many drivers are no longer willing to pay a premium for an EV versus an equivalent ICE counterpart.
The company stressed that they are not....
The company stressed that they are not....
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