NEW
Electric vehicle retreat Flash News List | Blockchain.News
Flash News List

List of Flash News about Electric vehicle retreat

Time Details
2025-05-20
22:23
Ford Motor Stock Drops as $F Retreats from EV Ambitions, Allows Nissan to Use U.S. Battery Plant – Crypto Market Eyes Supply Chain Shifts

According to StockMKTNewz on Twitter, Ford Motor ($F) is further scaling back its electric vehicle (EV) strategy by permitting rival Nissan to utilize part of its prominent U.S. battery plant, as reported by the Wall Street Journal (source: StockMKTNewz on Twitter, May 20, 2025; WSJ). This operational shift signals reduced Ford investment in EV infrastructure, which could influence lithium and battery supply chains closely tracked by crypto traders, especially those involved in tokenized commodities and blockchain supply chain platforms. The move highlights potential changes in market leadership and may prompt volatility in automotive-related crypto assets.

Source