Former Ford CEO says industry faces EV 'reckoning'

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)

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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