Ford Motor will record special project expenses of about 19.5 billion US dollars, related to its withdrawal from the pure electric vehicle sector, and will stop producing the pure electric F-150 Lightning pickup truck, and shift the investment focus to hybrid vehicles and extended-range electric vehicles, while targeting smaller, lower cost electric vehicles; the company raised the 2025 adjusted profit before interest and tax guidelines to about 7 billion US dollars.

Zhitongcaijing · 22h ago
Ford Motor will record special project expenses of about 19.5 billion US dollars, related to its withdrawal from the pure electric vehicle sector, and will stop producing the pure electric F-150 Lightning pickup truck, and shift the investment focus to hybrid vehicles and extended-range electric vehicles, while targeting smaller, lower cost electric vehicles; the company raised the 2025 adjusted profit before interest and tax guidelines to about 7 billion US dollars.