Group 1 - Trump's media company is merging with a fusion venture, indicating a strategic move to enhance its market position and expand its operational capabilities [1] - Ford has unveiled significant challenges in the electric vehicle (EV) sector, specifically highlighting Detroit's largest EV failure, which may impact its competitive stance in the rapidly evolving automotive market [1] Group 2 - The merger of Trump's media company with a fusion venture could lead to new opportunities for content creation and distribution, potentially reshaping the media landscape [1] - The announcement regarding Ford's EV struggles underscores the difficulties traditional automakers face in transitioning to electric vehicles, raising questions about future investments and market strategies [1]

Core Viewpoint - LG Energy Solution Ltd (LGES) has had its battery supply contract with Ford Motor Company, valued at KRW 9.6 trillion (US$ 6.5 billion), canceled due to Ford's strategic shift in electric vehicle (EV) production and demand forecasts [1][2]. Group 1: Contract Cancellation - Ford has notified LGES of the cancellation of a contract for the supply of 109 gigawatt-hours (GWh) of nickel-cobalt-manganese (NCM) batteries, originally intended for Ford's light commercial vehicles (LCVs) from 2026 to 2032 [1]. - The cancellation is attributed to Ford's decision to discontinue certain EV models in response to recent policy changes and shifts in EV demand forecasts [2]. Group 2: Ford's Strategic Shift - Ford announced a US$ 19.5 billion one-off charge as part of its efforts to reshape its EV strategy, which includes pulling back from larger battery electric vehicle (BEV) models and focusing on hybrids and extended-range vehicles [2][3]. - The company aims to align its capital spending with customer demand and higher-return opportunities, targeting profitability for its Model e EV unit by 2029, with expected yearly improvements starting in 2026 [3]. Group 3: Leadership Statements - Ford's president and CEO, Jim Farley, emphasized that the changes are customer-driven, aimed at creating a stronger, more resilient, and profitable Ford [4]. - Farley noted that the operating reality has changed, prompting the redeployment of capital into higher-return growth opportunities [4].

Group 1 - Ford Motor Company announced a $19.5 billion charge on its electric vehicle (EV) related assets, including $5.5 billion in cash effects primarily due in 2026 and 2027 [1] - The company is shifting its focus from various EV programs to invest in a Universal EV Platform aimed at producing smaller, affordable models [1] - The EV market has seen a surge in new models due to accelerated investment during lockdowns, but nearly all new models, including Ford's, have been unprofitable [2][3] Group 2 - The introduction of new models in 2024 and 2025 has led to a loss of market share for Tesla, although Tesla has remained profitable and cash-generative [4] - Ford's actions may indicate a trend where automakers cannot sustain large losses while trying to capture market share, positioning Tesla as a likely winner in the EV market [6] - The challenge in the EV sector is to produce profitable models, with only BYD from China currently able to compete with Tesla on profitability [7]

Group 1 - Ford Motor Company has canceled a $6.5 billion battery contract with LG Energy Solution, which accounted for over one-third of LG's total revenue last year, due to a reduction in its electric vehicle development plans [2] - LG Energy is the latest company affected by Ford's restructuring of its electric vehicle business, which includes a $19.5 billion charge and the cancellation of its planned all-electric F-series pickup project [2] - Ford will also exit its battery joint venture with SK On, a subsidiary of South Korea's SK Innovation [2] Group 2 - Lantu Automotive has signed a ten-year cooperation agreement with CATL, focusing on battery technology research and development, product supply, and global market collaboration [2] - Under the agreement, CATL will prioritize supplying Lantu with its advanced battery products and will work on joint innovations in areas such as battery swapping and integrated electric drive chassis [2] - The two companies will also collaborate on marketing and channel coordination in overseas markets [2] Group 3 - XPeng Motors has reported illegal "power theft" activities involving criminals using illegal devices and fake user accounts, and has filed a report with the police [2] - Some cases have been successfully solved, with key suspects arrested for theft and fraud [2] - XPeng expresses gratitude to law enforcement for their efficient handling of the cases and emphasizes its commitment to protecting its legal rights and consumer interests [2] Group 4 - Honda has confirmed a temporary production halt at its joint venture factory with GAC Group in China due to supply issues with Nexperia semiconductors, effective from December 29 for three days [2] - The Honda factory in Japan will also experience production downtime starting January 5, 2026, with reduced output planned for January 7-9 [2]

近日，特斯拉CEO埃隆·马斯克社交媒体平台就"福特收缩电动汽车战略"的相关消息公开发声，言辞一如既往地尖锐。 事情的导火索，源于一位网友对福特电动化逻辑的评论。该网友指出，福特等传统车企仍将"减少碳排放"视作发展电动汽车的核心动因，本身就暴露出其对 产业变革理解的滞后。在其看来，减排只是电动汽车的"副作用"，真正的本质在于——电动汽车是更优的自动驾驶与智能化平台。继续围绕内燃机体系修修 补补，就像在电灯普及之后还执意投资捕鲸船，方向性错误难以挽回。 马斯克对此表示"完全正确"，并进一步抛出了极具冲击力的类比：非自动驾驶的内燃机汽车，就像"骑着马、用着翻盖手机"，"你不可能把一个好主意硬塞 给传统行业，他们只是坚持去死。" 据悉，2025年12月，福特宣布重大收缩电动汽车战略，计提约195亿美元资产减记，聚焦盈利与性价比。核心举措包括停产纯电皮卡F-150 Lightning，下一 代转为增程版并移至密歇根组装；取消下一代电动厢式货车等大型纯电项目，暂停激进纯电扩张。同时，将资源转向混动、增程与低成本纯电，计划2027年 推出约3万美元中型电动皮卡，盘活电池产能发展储能业务，以应对成本高、盈利难与市场需求不及预 ...

Florida Governor Ron DeSantis (R) has said that the Ford Motor Co. (NYSE:F) F-150 Lightning EV pickup truck's production scrap could benefit Tesla Inc. (NASDAQ:TSLA) and its polarizing Cybertruck.Tesla Has A Strong Following, Says Ron DeSantisTaking to the social media platform X on Wednesday, DeSantis shared that Tesla has "a strong following," adding that the Cybertruck has become a popular choice among customers. He added that there was no reason to "think that following would transfer to Ford trucks."Je ...

Core Insights - The electric vehicle (EV) industry is entering a more uncertain and contested phase, with significant pullbacks from major manufacturers and a shift in regulatory timelines [1][12] - The European Commission has relaxed its aggressive timeline for phasing out internal combustion engines, allowing more time for manufacturers and consumers to transition [1][9] - Major automakers like Ford, General Motors, and Volkswagen are incurring substantial financial charges as they adjust their electric strategies, indicating a broader industry reckoning [2][6][7] Company-Specific Developments - Ford Motor Co. announced $19.5 billion in charges related to its retreat from an aggressive electric strategy, including the cancellation of a planned electric F-Series truck line and a shift towards gas and hybrid vehicles [1][11] - General Motors incurred $1.6 billion in charges tied to reducing EV production capacity and has indicated that more such moves may follow [6][12] - Volkswagen AG is ceasing production of its electric ID.3 hatchbacks, marking the first time in 88 years that it will halt production at a German assembly plant, and has booked €4.7 billion ($5.5 billion) in charges related to its subsidiary Porsche AG's retreat from EVs [7][13] Industry Trends - Tesla Inc. is experiencing a decline in worldwide vehicle deliveries, poised to drop for the second consecutive year, as the company's focus shifts away from its initial electric vehicle goals [3][12] - The transition to EVs is not being abandoned, with industry leaders like GM reaffirming their commitment to electric vehicles as a long-term strategy [8][12] - Despite the challenges, the EV segment is still growing, but sales are not increasing at the pace required to meet future targets set by policymakers [9][12]

Group 1 - Elon Musk criticized traditional automotive companies, suggesting that non-autonomous fuel vehicles are outdated and will inevitably decline [1] - Ford announced a significant shift in its electric vehicle strategy due to lower-than-expected market demand, high costs, and changing regulatory environments, leading to the cancellation of several electric vehicle projects, including the F-150 Lightning and the next-generation electric van [2] - Ford's strategic adjustment will incur approximately $19.5 billion in expenses, with $500 million related to asset impairment in its Model e division and around $6 billion associated with dissolving a battery joint venture [2] Group 2 - Musk emphasized that the key competitive advantage in the automotive industry lies in smart technology rather than the choice between electric and fuel energy sources [3] - A social media user commented that traditional automakers misunderstand the purpose of electric vehicles, which is fundamentally about creating better autonomous driving platforms, a view Musk agreed with [4] - Tesla has begun testing its autonomous taxi service without safety drivers, and the stock market remains optimistic about autonomous driving, with Tesla's stock reaching a record closing high of approximately $1.63 trillion in market capitalization [4]

导读：福特放弃全面电动化转型的计划波及供应链。 福特汽车已于本周一宣布计提195亿美元（约合人民币1400.10亿元）的资产减值，并取消多款电动车 型。 据悉，在福特计提的195亿美元资产减值中，约85亿美元（约合人民币610.30亿元）与取消规划中的电 动车项目相关，约60亿美元（约合人民币430.80亿元）与解散其与韩国SK On的电池合资企业有关，另 有50亿美元（约合人民币359.00亿元）被归类为"项目相关费用"。 值得注意的是，2022年，SK On与福特曾投资114亿美元（约合人民币818.50亿元），在美国建设联合电 池工厂。 从目前来看，福特放弃全面电动化转型的影响范围正在进一步扩大。包括SK On和LG新能源在内，福 特的战略变动导致的损失已经开始蔓延到整个供应链。 本文系观察者网独家稿件，未经授权，不得转载。 （文 / 观察者网 周盛明 编辑 / 高莘） 据路透社报道，韩国电池制造商LG新能源当地时间12月17日表示，福特汽车已终止一项价值约9.6万亿 韩元（约合人民币510.70亿元）的电动车电池供应协议。 据悉，去年10月，LG新能源曾和福特签署两份协议，计划自2026年和2027年 ...

Core Viewpoint - Elon Musk stated that fuel vehicles without autonomous driving capabilities are akin to "riding a horse while using a flip phone," emphasizing the necessity of electric vehicles (EVs) and autonomous technology in the automotive industry [1][2][4]. Group 1: Tesla and Autonomous Driving - Musk's comments were a response to discussions about the electric transition of American automakers, highlighting that only Tesla and BYD have succeeded in the EV market [2]. - Jesse Peltan, co-founder of HODL Ranch, echoed Musk's sentiment, asserting that once cars achieve autonomous driving, the operational costs of fuel vehicles will become unsustainable [4]. Group 2: Ford's Challenges and Strategic Changes - Ford announced a $19.5 billion (approximately 137.67 billion RMB) asset impairment, canceling several EV models, with about $8.5 billion (approximately 60 billion RMB) related to the cancellation of planned EV projects [4]. - The company plans to replace the pure electric F-150 Lightning with a range-extended electric vehicle and has scrapped the next-generation pure electric pickup project [4]. - Ford aims to transform its Kentucky battery plant into a storage battery business, resulting in the layoff of approximately 1,600 employees during the transition [4]. Group 3: Future Projections and Market Needs - Ford expects that by 2030, hybrids, range-extended EVs, and pure EVs will collectively account for 50% of its global product mix, up from the current 17% [5]. - The CEO of Ford, Jim Farley, indicated that high battery costs are a critical factor hindering profitability for large EVs in the U.S., compounded by a retreat in consumer interest in EVs [6].