Ford Retreats From EVs, Takes $19.5 Billion Charge
Digest more
With the end of 2025 on the horizon, the editors of EC&M have been looking back at the most popular and impactful pieces of content from the year. As always, electric vehicles (EVs) continue to be an important topic for electrical professionals.
Tight margins, changing EV market, import tariffs and rising prices are all triggering merger and acquisition deals across the auto industry, a new PwC report reveals.
With road transportation accounting for almost one-fifth of global carbon dioxide emissions, it’s hard to see how the world will reach its net zero climate goals unless people give up their gasoline and diesel cars.
Ford ( F 0.76%) is swerving away from larger EV production and will steer truck development toward gas and hybrid power, against a background of weak EV demand, rising costs, and regulatory changes. The current F-150 Lightning pick-up is canceled, replaced by a hybrid extended range electric vehicle (EREV) version.
Toyota has launched the Urban Cruiser EV in Europe, strengthening its electric SUV lineup. Sharing its platform with the Suzuki e-Vitara, it offers two battery options, modern features and strong safety tech.
Sales of EVs in North America fell by 1% compared to last year, while China was up, confirming the fears of some US auto execs.
Ford will repurpose EV battery plants to build grid-scale energy storage, betting on data centers as EV incentives fade.
Despite a sharp decline in its U.S. sales, Tesla still has the best-selling electric vehicle there. Yet even that model may be priced much too high for wide U.S. EV adoption.
When it’s cold, an EV with a very low battery can struggle to deliver power because the cells are operating outside their ideal temperature range. Staying above roughly 20 percent helps keep performance consistent and ensures you’re not limiting your own power output or regen braking.
Global EV sales reached 18.5 million units in 2025, driven by strong growth in Europe, while the US lags due to tax credit rollbacks.
Chinese electric vehicle makers, already struggling with bruising competition at home, have brought their aggressive discounting to Thailand as they look to win over budget-conscious buyers.