Ford delays $12B in EV investments as automaker wrestles with demand

01:45 27.10.2023
Ford is delaying about $12 billion in planned investments on EVs, including delaying construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles.  CFO John Lawler emphasized Thursday during the company’s third-quarter earnings call that the company wasn’t backing away from its next-generation […] © 2023 TechCrunch. All rights reserved. For personal use only....
  347