Ford retreats from EVs, takes $19.5 billion charge as Trump policies take hold
- Posted on December 15, 2025
- By Yahoo News
- 3 Views
Ford retreats from EVs, takes $19.5 billion charge as Trump policies take hold
Dec 15 () - Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump administration's policies and weakening EV demand.
