Ford Delay EV Plans Adding More Job Loses

Ford's wavering commitment to electric vehicles (EVs) is highlighted, as the company delays production of its all-electric SUV to focus on hybrid development amidst slower-than-expected EV adoption and persistent production costs. This shift reflects broader challenges facing the automotive industry, with Ford scaling back its EV spending last year due to market conditions. Despite reassurances from Ford's top executives about scaling a profitable EV business, skepticism remains about the feasibility of their ambitious plans amid ongoing market uncertainties.

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