Ford is advancing its electric vehicle strategy with a newly engineered EV platform designed to start at $30,000, significantly below the average new car price in the U.S. Doug Field, Ford Chief EV, Digital and Design Officer, explained that the company took a clean-sheet approach organizationally and in design to reduce costs and improve performance. The new platform, developed primarily in California under the leadership of a former Tesla engineer, achieves a longer range by shrinking the battery size, the most expensive EV component, while extending range by about 50 miles.

A funny thing happened on the way to America's EV disaster. Ford (NYSE: F), which took a $19.5 billion write-off for its EV mistakes, has a stock that will not stop rising.

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GBOOY, WASH and F made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 16th, 2026.

Ford has restructured Europe in the past, and is struggling with market share after key vehicles exit. The Detroit automaker will focus on its core Ford Pro commercial business and freshening its lineup.

Amid regulatory changes and cooling demand, companies are taking big losses and making moves to reduce electric-vehicle capacity.

TORONTO--(BUSINESS WIRE)--The Ontario government made a funding announcement today that will continue deep staff cuts, rising tuition fees and increased student debt. “The minister was long on scapegoating, but short on funding. Ontario has the worst university funding in Canada, and he's passing the blame for his own cuts to other levels of government, and passing more and more of the costs onto the students, who are already graduating with record debt loads,” said Fred Hahn, president of CUPE.

Ford delivered decent Q4 results, driven by robust demand for ICE vehicles. Despite an $8.2B 2025 GAAP loss from the EV pivot and restructuring, Ford's 2026 guidance signals significant profitability growth. Ford targets $8–10B adjusted EBIT and $5.0–6B free cash flow in FY 2026, up from $6.8B and $3.5B in FY 2025, respectively.

The company, long focused on cars and trucks, plans to begin manufacturing large batteries used by utilities, data centers, other businesses and homeowners.

Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.