SENSEX
NIFTY
GOLD
USD/INR

Weather

image 10    C

Top News

The Economic Times News

Top / The Economic Times

details

Ford's EV retreat highlights industry dilemma: Build for the US or the world?

In a significant shake-up, Ford has announced the slashing of thousands of electric vehicle positions, resulting in a staggering $19.5 billion loss on their EV assets. CEO Jim Farley revealed that several unprofitable models are being phased out, highlighting the ongoing struggle many companies face in balancing EV economics, particularly in the absence of government funding.

16 Dec 2025 10:15 pm