Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown

Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown

LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses, Ford Motor continues to move forward with its next generation of EVs that CEO Jim Farley has described as industry-defining products. Ford’s push comes despite a massive slowdown in EV adoption, $19.5 billion in electric…

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