DETROIT -Ford Motor is reshuffling its electric vehicle plans, killing its three-row SUV and delaying its next-generation pickup while adding a new pickup and van to its future lineup as it adjusts to slower-than-expected EV growth.
The automaker will take a special non-cash charge of about $400 million for the write-down of certain assets for the previously planned three-row SUVs, which may also result in additional expenses and cash expenditures of up to $1.5 billion.
- Reuters
Created by Tan KW | Aug 21, 2024
Created by Tan KW | Aug 21, 2024
Created by Tan KW | Aug 21, 2024
Created by Tan KW | Aug 21, 2024
Created by Tan KW | Aug 21, 2024
Created by Tan KW | Aug 21, 2024