Ford projects slower than expected EV adoption

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Ford shares trend lower this morning after announcing a recall of over 870,000 F-150 trucks due to issues with its electric parking brakes. This comes after Ford's second-quarter earnings beat, forecasting a slower-than-expected EV adoption into 2024. Yahoo Finance Live examines the pricing of Ford's Model E and compares the outlook for other EV automakers.

This post was written by Luke Carberry Mogan.