The Ford F-150 Lightning pickup truck during a press event in New York City on May 26, 2021. Brendan McDermid/ReutersFord Motor Co. revealed Monday that it would take a $19.5 billion writedown after choosing to discontinue several electric vehicle models.The Michigan-based company intends to replace its all-electric F-150 Lightning pickups with an extended-range version that uses a gasoline engine for battery recharging. Ford is also stopping production on a forthcoming electric truck, called T3 in international markets, along with electric vans designed for commercial use.
8.8
C
Ottawa
Wednesday, May 6, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS