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Ev Strategy

All articles tagged with #ev strategy

Honda overhauls EV plan, warns of multitrillion-yen losses and pivots to hybrids
business1 month ago

Honda overhauls EV plan, warns of multitrillion-yen losses and pivots to hybrids

Honda cancelled three planned US EV models as part of a reassessment of its electrification strategy, revising its FY2026 forecast to show large losses from asset impairments and equity-method investments, with total potential losses up to 2.5 trillion yen. The company will shift focus to hybrids, restructure costs, and plans to unveil a mid-term automobile strategy in May, while dividends remain unchanged under its DOE framework.

via Honda Global|
#business#earnings-revision#ev-strategy
Stellantis pivots after first-ever annual loss from EV writedowns
business1 month ago

Stellantis pivots after first-ever annual loss from EV writedowns

Stellantis reported its first-ever annual net loss for 2025, hit by €25.4 billion in write-downs as it trims its EV ambitions and pivots to a broader mix of propulsion options; the €22.3 billion loss follows €5.5 billion profit in 2024. The company suspended its 2026 dividend and issued up to €5 billion in hybrid bonds, but kept guidance for 2026 of mid-single-digit revenue growth and a low-single-digit adjusted operating margin. In H2 2025, shipments rose to 2.8 million with net revenues up 10% to €79.25 billion, and Stellantis expects positive industrial free cash flow in 2027 as it aims to return to profitable growth.

via CNBC|
#2026-guidance#annual-loss#business
Lamborghini abandons all-electric supercar, bets on plug-in hybrids
automotive1 month ago

Lamborghini abandons all-electric supercar, bets on plug-in hybrids

Lamborghini has scrapped its planned Lanzador all-electric supercar after CEO Stephen Winkelmann cited near-zero buyer interest. The company will replace the Lanzador with plug-in hybrids (like Reveulto and Urus) and aims for a hybrid EV lineup by 2030, while continuing internal combustion engines for as long as possible; a future all-electric model could appear only when the time is right.

via Engadget|
#automotive#electric-vehicles#ev-strategy
Stellantis retreats from EV hype with a $26B write-down and strategic pivot
business2 months ago

Stellantis retreats from EV hype with a $26B write-down and strategic pivot

Stellantis posts a $26.2 billion write-down as it resets its electrification plan after overestimating the pace of the energy transition, joining Ford and GM in trimming EV bets. Charges cover canceled Jeep EVs, non-amortized platform costs, cash obligations, supply-chain cuts, and European job impacts. The company will accelerate US investments ($13B) to add 5,000 jobs and expand trucks/SUVs, including a Ram 1500 V8 and a gas Dodge Charger, reflecting a shift toward realism about demand and execution.

via Ars Technica|
#auto-industry#business#electrification
Stellantis Reorients Strategy Around Customer Choice to Drive Profitability
business2 months ago

Stellantis Reorients Strategy Around Customer Choice to Drive Profitability

Stellantis unveiled a strategic reset to align its portfolio with real-world customer demand for EVs, hybrids and ICE, taking about €22.2 billion in charges in H2 2025 (including roughly €6.5 billion cash) and suspending the 2026 dividend as it issues up to €5 billion of hybrid bonds; it also plans a roughly $13 billion U.S. investment, new models and a major reorganization to restore growth and improve net revenues, AOI margin and industrial free cash flow in 2026, supported by about €46 billion in industrial liquidity. Early results show H2 2025 volume rose 11% to 2.8 million units with higher orders and improved quality, while 2025 ends in a net loss before the planned improvements take hold.

via Stellantis.com|
#2025-results#business#ev-strategy
Ford withdraws F-150 Lightning and reallocates $19.5 billion in EV strategy
business3 months ago

Ford withdraws F-150 Lightning and reallocates $19.5 billion in EV strategy

Ford is discontinuing its all-electric F-150 Lightning and other large EVs to focus on developing smaller, more affordable vehicles and hybrids, amid declining EV demand and high battery costs. The company plans to retool factories, invest $19.5 billion in restructuring, and aims for 50% of its global vehicle sales to be hybrids or EVs by 2030, with profitability expected by 2029.

via Fortune|
#automotive-industry#business#electric-vehicles
"Ford's Battle Plan: Affordable EVs to Challenge Tesla and Chinese Competitors"
business2 years ago

"Ford's Battle Plan: Affordable EVs to Challenge Tesla and Chinese Competitors"

Ford Motor Co. plans to tackle its electric vehicle losses by focusing on developing inexpensive, small electric vehicles to compete with Tesla Inc. and Chinese automakers. The company's current battery-powered models lost $4.7 billion last year, and it projects losses to grow to as much as $5.5 billion this year. Ford is recalibrating its EV strategy to move away from large, expensive EVs and is aiming to generate profits with a new low-cost EV platform. The automaker also plans to scale back EV spending by $12 billion while increasing output of traditional internal combustion engine models to fund future growth.

via Fortune|
#business#chinese-automakers#electric-vehicles
Ford's EV Strategy Falters, Quarterly Loss Reported
business-automotive2 years ago

Ford's EV Strategy Falters, Quarterly Loss Reported

Ford announced during its Q4 2023 earnings call that it is rethinking its EV strategy and reassessing its EV battery strategy due to significant losses in its EV division, Model e. The company is adjusting installed capacity, scrutinizing spending, and delaying the rollout of its second generation of EVs in response to market dynamics and the challenge of making EVs profitable. Despite the setbacks, Ford remains committed to EVs and expects growth in its Model e business in 2024, while also pinning short-term hopes on the growth of hybrid electric vehicles.

via The Register|
#business-automotive#electric-vehicles#ev-strategy
"Ford's Small, Affordable EVs Unveiled Following Strong Earnings Performance"
business2 years ago

"Ford's Small, Affordable EVs Unveiled Following Strong Earnings Performance"

Ford Motor Co. plans to develop small, affordable electric vehicles to address its EV losses and compete with Tesla and Chinese automakers. The company's CEO revealed the strategy after reporting better-than-expected earnings, with adjusted earnings per share of 29 cents and fourth quarter revenue of $46 billion. Ford aims to shift focus to smaller EV products and is working on a low-cost EV platform led by a team including former Tesla developers. The company forecasts earnings of $10 billion to $12 billion before interest and taxes for the current year and plans $2 billion in cost cuts.

via Yahoo Finance|
#business#competition#earnings
"GM Shifts Focus: Reviving Plug-In Hybrids for North American Market"
automotive2 years ago

"GM Shifts Focus: Reviving Plug-In Hybrids for North American Market"

General Motors is reversing its all-in electric vehicle strategy by reintroducing plug-in hybrids (PHEVs) to its lineup after previously dismissing their potential. CEO Mary Barra announced the company's plans to bring PHEV technology to select vehicles in North America to help meet emissions targets. This shift marks a significant change from GM's previous focus on electric vehicles, reflecting a broader trend among automakers as they seek alternative ways to reduce fleet emissions amidst potential plateauing EV demand.

via The Drive|
#automotive#electric-vehicles#ev-strategy