Automakers Are Facing an Expensive EV Dilemma

That's how much money Ford is writing off on its electric-car programs. The automaker is cutting its losses on such would-be superstars as the F-150 Lightning, which too often ended up riding the showroom bench. If you're looking for the most vivid sign yet of an industry retreat from EVs, this one's a veritable jumbotron.

 

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