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Ford retreats from EVs and takes big financial hit as Trump policies grip industry

December 18, 2025December 18, 2025
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A cab of a model of the F-150 Lightning electric pickup truck is seen on an assembly line at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, U.S., April 26, 2022.

It’s a visible sign of the auto industry’s pullback from a technology carmakers wholeheartedly embraced early this decade. Trump policies reduce federal support for EVs, affecting sales and demand.

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