Ford, GM, Ram retreat from big EV trucks as sales slump
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Ford, GM, and Ram are reportedly scaling back their electric vehicle truck plans due to sluggish sales. The move is expected to result in significant financial losses, with estimates suggesting a combined loss of billions of dollars. The extent of the retreat and its implications are still unclear, with some outlets reporting specific models being scrapped or delayed and others citing factory shutdowns and changes in production strategy.
Full coverage
12345678