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Ford to take USD 6 billion hit for disposition of BlueOval SK

Ford has revealed that the total cost for dissolving its EV battery joint venture with SK On, announced in December 2025, is USD 6 billion, which will be a hit to earnings before tax and interest (EBIT) spread across a few years. The first USD 3 billion write down will take place in 2025 earnings, while the remaining....

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