Ford's EV retreat highlights industry dilemma: Build for the US or the world?
Published on: Dec. 16, 2025, 10:15 p.m. | Source: The Economic Times
In a significant shake-up, Ford has announced the slashing of thousands of electric vehicle positions, resulting in a staggering $19.5 billion loss on their EV assets. CEO Jim Farley revealed that several unprofitable models are being phased out, highlighting the ongoing struggle many companies face in balancing EV economics, particularly in the absence of government funding.
