Ford to spend $2bn overhauling Kentucky plant in push for cheaper EVs
New range will include a midsize, four-door electric pick-up priced from $30,000
New range will include a midsize, four-door electric pick-up priced from $30,000

Group scraps plans for some electric trucks as it contends with Trump regulatory changes and tepid demand

The F-150 Lightning economics did not add up but also reflected industry-wide miscalculation of US EV uptake

Carmakers want to lower costs and accelerate development speed for small vehicles to survive the rapid rise of Chinese competition

Deal would open US market to Chinese carmakers

As US carmakers gain political cover to delay EV development, Asian companies can expand at greater scale

Hybrid pioneer’s push comes as rivals scale back their EV targets