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Former Ford CEO says industry faces EV 'reckoning'

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Mark Fields, right, on electric vehicles: "They are going to have to first restructure the margins of the business and on top of it you're going to have to incentivize demand." (MICHAEL MARTINEZ)
MM
By:
Michael Martinez
June 12, 2019 09:21 AM

TEL AVIV, Israel — Former Ford CEO Mark Fields says the auto industry needs to tap the brakes on its expectations for electrification.

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