Ford drops billion-dollar battery collaboration with LG Energy Solution
Ford has since shifted its focus towards hybrid and internal combustion models, following the rollback of EV tax incentives under the Donald Trump administration. The automaker is also prioritising smaller, more affordable electric vehicles and energy storage systems, citing profitability challenges for larger EVs.
Ford has since shifted its focus towards hybrid and internal combustion models, following the rollback of EV tax incentives under the Donald Trump administration. The automaker is also prioritising smaller, more affordable electric vehicles and energy storage systems, citing profitability challenges for larger EVs.
