Automotive News Ford, GM push back spending on EVs - Printable Version

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Ford, GM push back spending on EVs - Automotive News - 10-28-2023

Ford, GM push back spending on EVs

<p>GM said it no longer will provide EV production targets so it can build to market demand, while Ford said it would delay about $12 billion in EV spending, including one of two battery plants planned in Kentucky.</p>

https://www.autonews.com/manufacturing/gm-ford-delay-some-ev-investments-citing-slowing-demand-growth