Automakers

Ford plans small, cheap electric cars to help reduce EV losses

Ford F-150 Lightning electric truck 2023 Detroit show
A Ford F-150 Lightning electric truck is shown during the 2023 Detroit auto show. Ford is shifting its EV focus to less expensive EVs. (BLOOMBERG)
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By:
Bloomberg
February 08, 2024 09:05 AM

Ford Motor is working on inexpensive, small electric vehicles to stem its EV losses and take on Tesla and Chinese automakers.

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