12-18-25 Part Two - Ford's Charge Back
In part two of Red Eye Radio with Gary McNamara and Eric Harley, Ford on Monday said it is pulling back on its electric vehicle plans, a move that will result in a $19.5 billion charge against its earnings to be taken mostly in the current quarter. The pullback on its EV plans also means its flagship electric vehicle, the F150 Lightning, will be on hold indefinitely. Ford said the next generation of the F150 will have a 700-mile range and improved heavy-duty towing. Also commentary on fossil fuels, climate change and green energy.
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