..now how would this affect Ford's offtake with LTR?
..the short term US problem getting its EV act together is another issue not in LTR's favour.
BREAKING
FORD SUSPENDS NEW EV MODELS AFTER $1.3B LOSS FROM ITS EV DIVISION
Another blow to the EV narrative. Ford suspends new EV models after losing $1.3B from its EV division. "We will not launch a second-gen [EV] product unless it's profitable within the first year and we are going to get a return on that capital we're investing."
https://x.com/marketplunger1/status/1805237794266050887
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