The tech giant has dropped its electric vehicle project, but some of the development at the heart of the project has helped power other products and services .
The tech giant has dropped its electric vehicle project, but some of the development at the heart of the project has helped power other products and services .
Do we really want America to become a backwater of bloated, expensive, gas-guzzling cars?
It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.
Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.
Ford Motor attributed the loss in the fourth quarter to charges related to pension plans and a restructuring of overseas operations.
Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.