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By Teresa De Alba - Wed, 12/24/2025 - 13:05
Ford canceled a roughly US$6.5 billion EV battery supply deal with LG Energy Solution as it scales back electric vehicle plans amid softer demand
https://mexicobusiness.news/tag/ev-strategy
More Automotive
By Óscar Goytia - Thu, 12/18/2025 - 13:54
Mexico imposed a 50% vehicle tariff, risking US$1 billion in Indian exports, as auto parts stabilized and Ford and Rivian reset EV strategies
By Teresa De Alba - Mon, 08/11/2025 - 17:31
Ford delays two EV launches to 2028, shifting focus to smaller, lower-cost models; full-size pickup and E-Transit van affected
By Teresa De Alba - Thu, 07/31/2025 - 17:50
Ford reinstates 2025 outlook, factoring US$2 billion net tariff hit; projects US$3 billion gross impact with US$1 billion in mitigation strategies
By MBN Staff - Mon, 05/12/2025 - 12:48
Nissan plans to cut 10,000 jobs globally, totaling a 15% workforce reduction, as part of a restructuring strategy to address declining performance





