Ford scraps electric SUV in $1.9 billion hit to EV ambitions

Ford scraps electric SUV in $1.9 billion hit to EV ambitions

(Bloomberg) — Ford Motor Co. is recalibrating its electrification strategy yet again, canceling plans for a fully electric sport utility vehicle in a shift that may cost the carmaker around $1.9 billion.

Read the full story at finance.yahoo.com (opens in a new tab)

Paid for by The Empowerment Alliance