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Stock impact report

Experts warn major blow to US industry may cede critical race to China: 'It's really sinking in that the US … can't catch up' [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
In a pair of setbacks for the EV industry, the European Commission walked away from its planned prohibition on new gas-powered cars by the mid-2030s. Ford Motor Co. also said it would record charges of $19.5 billion while scaling back its electric vehicle plans. These moves open the door wider for Chinese manufacturers. Automakers such as BYD and Xiaomi keep building out features like interior tech, automated driving tools, and rapid charging systems. "It's really sinking in that the U.S. or E.U. can't catch up," said Daniel Kollar, head of the automotive and mobility practice at consultancy Intralink Group. Analysts at BloombergNEF expect U.S. sales of plug-in vehicles to drop by 30% during the last three months of 2025, reaching their lowest point since 2022. Looking ahead to 2026, they forecast minimal growth as buyers lose access to tax credits from the federal government. When the U.S. and Europe retreat from EV commitments, it hands a competitive edge to Chinese manufac Show less Read more
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