Ford puts brakes on EVs as demand drops

Published

2 years ago

April 5, 2024

Ahron Young

Ford Motor announced that it is postponing the launch of its new three-row electric vehicle (EV), citing the need for further development in the consumer market for EVs.

The carmaker had initially aimed to introduce the new EV in 2025 but has now pushed back the launch to 2027.

Despite the delay, Ford reaffirmed its commitment to producing the vehicle at its Oakville Assembly Plant in Canada.

This plant is undergoing a transformation from gas-vehicle production to becoming an EV manufacturing facility.

Shift to hybrids

The decision comes amid a significant increase in EV sales for Ford during the first quarter of this year, with a notable 86% jump as the company scaled up production.

This delay allows Ford to take advantage of the evolving landscape of the EV market, ensuring that its new offering is aligned with consumer preferences and industry trends.

By postponing the launch, Ford aims to deliver a competitive and compelling EV that meets the evolving needs and expectations of customers.

The company’s decision underscores its commitment to staying at the forefront of electric mobility while also ensuring the success of its future EV offerings.

Shoppers cut back this Black Friday as budgets tighten

UK shoppers are tightening budgets for Black Friday, expecting to spend £622—4% less than last year—favoring discounts.

Published

2 hours ago

November 28, 2025

Harvey Vargas

UK shoppers are tightening budgets for Black Friday, expecting to spend £622—4% less than last year—favoring discounts.

Shoppers across the UK are revising their Black Friday game plan, tightening their budgets as economic pressures reshape spending behaviour. Many are approaching the sales season far more cautiously than before.

Consumers expect to spend an average of £622 this year — a 4% drop from last year — with many relying on discounts and promotions to stretch their budgets. Value is king, with 38% of shoppers saying they’ll only buy items that are at least 50% off.

Rising inflation and income disruptions are adding pressure, and even higher-income households plan to scale back spending across Black Friday and Cyber Monday. Brands and retailers will need to work harder to earn every pound this shopping season.

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News

National Guard ambush: Afghan man charged after D.C. shooting

Afghan national Rahmanullah Lakanwal arrested for shooting two National Guard members; FBI probes potential terrorism link.

Published

2 hours ago

November 28, 2025

Harvey Vargas

Afghan national Rahmanullah Lakanwal arrested for shooting two National Guard members; FBI probes potential terrorism link.

An Afghan national, Rahmanullah Lakanwal, has been arrested after allegedly shooting two National Guard members in Washington, D.C. Authorities say Lakanwal previously worked with CIA-backed military units in Afghanistan before coming to the United States.

The victims, Sarah Beckstrom and Andrew Wolfe, remain in critical condition. Officials warn that if either victim dies, the charges could escalate to first-degree murder as the investigation intensifies.

The FBI is now examining the case as a potential act of terrorism, while the Department of Homeland Security has announced a review of all asylum cases approved under the Biden administration.

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News

Hong Kong construction bosses arrested after city’s deadliest fire in decades

Hong Kong arrests construction bosses after deadly fire kills 83; 279 still missing as investigation intensifies.

Published

2 hours ago

November 28, 2025

Harvey Vargas

Hong Kong arrests construction bosses after deadly fire kills 83; 279 still missing as investigation intensifies.

Hong Kong has been shaken by the arrest of construction company bosses following the city’s most devastating fire in almost 80 years, which claimed at least 83 lives. The blaze erupted at the Wang Fuk Court housing complex in Tai Po, where renovation work was underway.

Authorities report that more than 4,600 residents lived in the high-rise blocks, with most victims found within two of the towers. Shockingly, 279 people remain unaccounted for nearly 24 hours after the fire first broke out.

The Hong Kong government has announced a HK$300 million emergency fund to support survivors and affected residents. Meanwhile, police are deepening their investigation, seizing documents and equipment from the company’s headquarters.

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