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Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans

Ford Motor said the costs came from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.

© Brittany Greeson for The New York Times

A Ford F-150 Lightning electric truck at the company’s plant in Dearborn, Mich., in 2022. The Lightning will no longer be a pure electric vehicle.
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