Ford Motor announced $19.5 billion in special items for restructuring and EV investment pullback, expecting $7 billion in adjusted earnings for 2025. CEO Jim Farley’s plan involves hybrid vehicles, smaller EVs, and core product investments. The company aims for 50% hybrid, EREV, and EV volume by 2030, with a focus on profitability.

Read more at CNBC: Ford to record $19.5 billion in special charges related to EV pullback