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Ford EV reset: US carmaker scales back electric ambitions after Trump’s policy rollback; forecasts $19.5 bn write-down

Ford has redrawn its electric vehicle roadmap, announcing that it will pull back from large EVs as the US carmaker transitions towards hybrids, petrol-powered trucks and a new battery storage venture. The auto giant also predicted profits to take a hit of almost $19.5 billion in the next few years.The US automaker, on Monday, said…

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Tesla sparks EV push: Carmaker launches model Y in India; opens experience centers

American electric carmaker Tesla is exploring ways to develop an electric-vehicle ecosystem in India to support long-term growth and enhance the ownership experience. Since beginning deliveries in September, the company has sold 109 vehicles and is now planning to establish home charging units, install superchargers in major cities, and set up chargers at key destinations…

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Defying Trump’s US manufacturing push? American carmaker Ford returns to India; reveals Rs 3,250 crore investment for Chennai

Ford Motor Co is set to re-enter India with a fresh manufacturing plan worth about Rs 3,250 crore ($370 million). The American automaker on Friday announced restarting manufacturing activity at its Chennai facility, marking a major development after its exit from the Indian automotive market in 2021.The decision comes even as US President Donald Trump…

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