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Ford Halts $12 Billion EV Investment Amidst Customer Reluctance and Soaring Losses, Signaling a Pragmatic Shift in Electrification Strategy

Ford Motor Company has declared a major strategic shift in its ambitious electric vehicle plan, showing it will defer about 12 billion of an intended outlay on new EV production capability. This is a step that the automotive giant takes into consideration as the consumers in North America are said to have made a critical […]

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