Ford’s EV program took some major hits last year resulting in an $8.5 billion write-down. Among other things it’s killed the F-150 Lightning and scrapped plans for a 3-row SUV. But don’t count Ford out. In a major strategic shift, it’s investing billions more to develop a new line of low-cost EVs. And Autoblog was invited to get an inside look at the Universal Vehicle program before its 2027 launch.
Ford CEO Jim Farley announcing the Universal Vehicle program last August.
After taking an $8.5 billion write-down last year on its EV program one might expect Ford to steer clear of battery- …
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Author: Paul Eisenstein
