Technology ❯ Energy ❯ Battery Technology ❯ Electric Vehicle Batteries

Supply Chain Management

Ford Cancels $6.5 Billion LG Battery Deal as EV Strategy Shifts

The termination reflects Ford's shift toward lower-cost LFP batteries after a $19.5 billion EV write-down.

Ford Slashes EV Plans, Books $19.5 Billion Charge, Ends F-150 Lightning BEV