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Event Brief

Ford to take $19.5bn hit as EV strategy overhauled

Ford scraps plans for an all-electric pick-up truck due to regulatory changes and low demand.
WHO: Ford Motor Company
WHAT: Overhauling electric vehicle strategy and scrapping plans for a pick-up truck
WHEN: Dec 15, 2025 at 7:00 PM ET
WHERE: United States
WHY: Regulatory changes and tepid demand for electric vehicles

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