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.
The automaker has placed a bet on battery-powered cars, but it has struggled to produce and sell the vehicles in large numbers.
The nation’s largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
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.
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.