The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market.

Ford expects to record about $19.5 billion in special items, mostly during the fourth quarter, the automaker said Monday. The charges are related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments.

The Glendale facility will now support the energy storage demands of data centers, utilities, and large-scale industrial and commercial customers, Ford said.

Ford Motor plans to book about $19.5bn in special items as it reshapes its EV strategy, pulling back from some larger battery models.

It’s official. The all-electric pickup is dead, but Ford is promising the F-150 Lightning EREV will be “every bit

The Ford Louisville Assembly Plant will temporarily close this month as part of a $2 billion investment to bring a new EV truck to the facility.