Ford to take $19.5 billion writedown as it scraps flagship EVs

Ford is abandoning top EV models like the F-150 Lightning as weak demand and hostile policies from the Trump administration weigh on sales. We take a closer look. Also in this edition: the EU prepares to water down its own upcoming ban on sales of new internal combustion vehicles, while France tries to support its own EV battery sector.

Dec 16, 2025 - 12:00
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Ford to take $19.5 billion writedown as it scraps flagship EVs
Ford is abandoning top EV models like the F-150 Lightning as weak demand and hostile policies from the Trump administration weigh on sales. We take a closer look. Also in this edition: the EU prepares to water down its own upcoming ban on sales of new internal combustion vehicles, while France tries to support its own EV battery sector.
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