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Ford Scales Down EV Investment as Division Loses $4 7 Billion

Ford Scales Down EV Investment as Division Loses $4 7 Billion
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Ford is reassessing its EV plans, including vertical battery integration

Ford is rethinking its electric vehicle strategies, including “reassessing” the need for vertical integration of batteries, CEO Jim Farley said Tuesday.

Ford reassessing EV plans, including vertical battery integration

Ford is rethinking its electric vehicle strategies, including "reassessing" the need for vertical integration of batteries, CEO Jim Farley said Tuesday.

Ford Stock Jumps on Strong Q4 Earnings and 2024 Outlook, News of Special Dividend

Ford shares jumped more than 6% in after-hours trading Tuesday after the automaker announced fourth-quarter earnings and an outlook for 2024 that topped expectations. The company also announced it would be returning more cash to shareholders.

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