US EditionFord to record $19.5 billion in special charges related to EV pullback
Ford will take a $19.5 billion charge mostly in 2025 to shift from large electric vehicles to hybrids and extended-range EVs focused on profitability and higher-return investments.
- On Monday, Ford Motor Company said it will report a $19.5 billion charge in special items, mostly recorded in the fourth quarter, and will end production of the fully-electric F-150 Lightning.
- After policy and market shifts, the EV segment slumped domestically after the Trump administration ended a $7,500 federal tax credit and Tesla’s price war eroded large EV margins.
- The company detailed specific cancellations and writedowns, noting $8.5 billion writedowns of EV assets, cancelled T3 and a next-generation commercial van, and $5.5 billion in cash charges through 2027.
- Financially, Ford expects the charges to affect reported net results but not adjusted earnings, raising adjusted EBIT guidance to about $7 billion in 2025 while shares closed Monday at $13.65 with mixed moves.
- Strategically, the company is positioning to refocus on hybrids and EREVs, targeting 50% of global volume by 2030, expecting benefits by 2026, Model e profitability by 2029, and stationary energy storage by 2027.
140 Articles
140 Articles
Ford Cuts Its EV Losses, But Sets Its EV Transition Back - CleanTechnica
Ford is killing the Lightning and E-Transit models. No mention was made of the Mustang Mach E, but I wouldn’t get your hopes up too much. The market responded by increasing their share price. While it is discouraging to those of us supporting clean technology, the move made more sense when looking at their financials.Looking at Ford’s numbers from 2022 to 3Q 2025, they lost roughly $15.6 billion on their EV business, while selling a little over …
The American company cancels the production of several large electric cars, including the F-150 pickup, after Trump's review of emissions policies. Focus on small electrical and energy batteries
Ford Gives Up, Adds Gas Generator to Its Electric Pickup Truck
What’s the only thing sadder than a car company giving up on all-electric vehicles in 2025? Try Ford’s new all-electric pickup, powered by a gas generator on the side. According to TechCrunch, that’s exactly the direction Ford has decided to go with its next-generation of pickup trucks. On Monday, the company announced it had ended production of the all-electric F-150 Lightning, which it hailed as the “best selling electric pickup truck in the U…
Coverage Details
Bias Distribution
- 49% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
