Ford Takes a $19.5 Billion Hit on Its Electric Trucks. ‘We Are Pivoting.’

Ford Takes a $19.5 Billion Hit on Its Electric Trucks. ‘We Are Pivoting.’ Ford Takes a $19.5 Billion Hit on Its Electric Trucks. ‘We Are Pivoting.’

After years of big bets on EVs, the automaker is putting more money into gas-powered vehicles, hybrids, and extended-range models.

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