Ford EV Reset And Partnerships Reframe Valuation And Risk For Investors
Pessimistic
-33.0
Ford Motor (NYSE:F) recorded a $19.5b write down on its electric vehicle business, reflecting a shift away from fully electric models.
The company is cancelling several planned EVs while redirecting capital toward hybrids and conventional gas powered vehicles.
Ford is exploring cost sharing partnerships with Geely and has launched a new battery energy storage unit as part of its revised plan.
For investors watching NYSE:F, this reset comes with the stock recently closing at $13.8. Over the...
The company is cancelling several planned EVs while redirecting capital toward hybrids and conventional gas powered vehicles.
Ford is exploring cost sharing partnerships with Geely and has launched a new battery energy storage unit as part of its revised plan.
For investors watching NYSE:F, this reset comes with the stock recently closing at $13.8. Over the...
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