About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Key Takeaways Ford's (F) electric vehicle strategy is changing gear. The automaker announced a major shift in its EV plans late Monday, with the company expecting to take on about $19.5 billion in one-time charges to account for the costs of a restructuring plan that will see the automaker focus more on hybrid and plug-in vehicles, while pulling away from pure EVs. Ford said it plans to recognize most of the $19.5 billion in charges during the fourth quarter, with about $5.5 billion in cash effects to be pa ...

Ford Motor Co. (NYSE:F) stock is up 0.4% to trade at $13.70 at last check, after the automaker announced it will pivot into hybrids and extended-range EVs in a move that will cost $19.5 billion. The news comes as the company focuses on producing smaller, more affordable vehicles, resulting in the cancellation of its larger F-150 Lightning EV pickup. Additionally, Ford will launch a battery energy storage system business that repurposes existing EV battery plants in Kentucky and Michigan.The stock reached a ...

Joining us now with his thoughts on all of it is Steve Wesley, former Tesla board member and founder of the Wesley Group. Steve, on Ford, you know, the 19.5% billion dollar write down I think is the most visible sign of this pivot we've seen US automakers make around EVs. What do you think is the primary driver. Is it what consumers want. Is it the regulatory regime.>> Well, look, first $19.5% billion right. Huge, huge number. And this is from a company where their CEO said just last month, we can't walk aw ...

Ford CEO Jim Farley walked through Ford's Michigan design studio Monday afternoon, reflecting on how he was about to wipe out thousands of work hours on electric vehicles that he and his team had hoped would revolutionize the American auto industry. ...

Key Takeaways F is scaling back large EVs, prioritizing hybrids, gas vehicles, and smaller EVs on its Universal EV Platform.Ford lifts 2025 adjusted EBIT outlook to about $7B from the previous guided range of $6-$6.5BFord expects to book about $19.5B in special items in Q4, tied to scaling back its EV strategy.Ford (F) is hitting a pause button on some of its electric vehicle (EV) ambitions after years of aggressive EV spending. The U.S. legacy automaker is now shifting gears toward what actually sells and ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Ford Motor Co's (NYSE:F) latest strategic reset isn't just an EV pivot. It's a conscious rewrite of its playbook—one that signals the company no longer wants to compete with Tesla Inc. (NASDAQ:TSLA) on Tesla's terms.Track F stock here.After years of pushing aggressively into all-electric vehicles, Ford is stepping back from large, capital-intensive EV bets and leaning into hybrids, extended-range EVs, and gas-powered trucks. On the surface, it appears to be a retreat. In practice, it's a narrowing of focus ...

I bring in Diane King Hall to take a look at a few names. We just were talking about some of the EV names and you're looking at Ford in particular. Good morning Diane. >> Good morning. Good to see you.Uh this morning shares of Ford are moving higher this morning shaking off some news that uh some big headline numbers essentially this morning. They say they expect to take about a $19.5% billion in special charges. So a big charge there is mostly tied to a pullback in EV investments and a broader restructurin ...

Ford sees a way to capitalize on the AI boom by playing more into energy storage. The move has worked well for Tesla. ...