Ford’s EV Reset Puts Hybrids Geely Talks And Valuation In Focus
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Ford Motor (NYSE:F) is pivoting away from fully electric vehicles and has recorded a $19.5b write down on EV related assets. The company is shifting emphasis toward hybrids and extended range EVs in response to changing demand and policy signals. Ford is in talks with Geely to potentially share factory space in Europe and work together on technology development. For investors watching NYSE:F, this marks a meaningful reset in how Ford is approaching electrification and where it is putting...
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