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Ford adjusts EV lineup as it aims to lower vehicle cost
Ford adjusts EV lineup as it aims to lower vehicle cost
Economy
by  AFP

Ford announced Wednesday fresh changes to its electric vehicle lineup, including the scuttling of a planned SUV model, lifting shares despite a hefty near-term profitability hit. Among the changes, Ford is dropping a plan to produce a three-row electric utility vehicle that had previously been expected to be constructed in Oakville, Ontario.