Ford takes $19.5 billion charge as it retreats from EVs

Reuters / fastcompany - Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry’s retreat from battery-powered models in response to the Trump administration’s policies…

#stockmarket #earnings #investment #business #finance #batteries #manufacturing #layoffs #automotive #ev

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