Will Ford's Scaled-Back EV Plans Unlock Value for Investors?
Has Ford outsmarted GM on the electric vehicle front?Ford Motor Co (F 2.54%) is one of several automakers that have announced scaled-back production or delayed deployment of Electric Vehicles (EV). The stock market has reacted with skepticism, with Ford shares down nearly 22% in the last year.Previous to the past 12 months, Ford was among a crowd of automakers announcing ambitious goals for EV production. This perceived step back from EVs has flowed from market experience; the demand for all-electric cars a ...