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DAS Micro CellFord delays $12B in EV investments as automaker wrestles with demand
Ford delays $12B in EV investments as automaker wrestles with demand
Ford is delaying about $12 billion in planned investments on EVs, including 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 EV […]
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Ford is delaying about $12 billion in planned investments on EVs, including 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 EV […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Rebecca Bellanhttps://techcrunch.com/feed/TechCrunchhttps://techcrunch.com/2023/10/26/ford-delays-12b-in-ev-investments-as-automaker-wrestles-with-demand/
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