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Fortune
Fortune
Business
Sasha Rogelberg

Ford writes down $19.5 billion as it pivots electric Lighting line of vehicles

Photo of Jim Farley (Credit: Bill Pugliano—Getty Images)

Ford’s search for finding profitability for its electric vehicles continues. 

The Dearborn, Mich.-based automaker will make a series of changes to its line of vehicles and production facilities to focus on producing affordable vehicles that better align with customer desires, it announced Monday.

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