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Ford Delays Production at Electric Vehicle Plant, Cancels All-Electric SUV

Ford Motor Co. has delayed production of an all-electric pickup truck at its electric vehicle (EV) factory in Stanton, Tennessee, and canceled plans to build an all-electric SUV. On Wednesday, Ford executives announced they were putting the brakes on investing in EVs. “…the percentage of Ford’s annual capital spending for pure electric vehicles will decrease […]

Ford cancels plans for electric three-row SUV

See what’s clicking on FoxBusiness.com. Ford is scrapping plans for an all-electric three-row SUV. The company said Wednesday it will not produce the vehicle and instead plans to “utilize hybrid technology for our next three-row SUV.” The company said the discontinuation of the SUV will result in an impairment of approximately $400 million in “certain […]

Is this new electric unicycle a sidewalk terror or misunderstood machine?

Electric unicycles have sparked a heated debate about whether they’re a sidewalk terror or a misunderstood machine. Electric scooters already raise concerns about safety and public nuisance, but electric unicycles seem to take these issues to a whole new level. These difficult-to-control devices seem like they could cause an accident at any time. Do you […]

Hawaiian Electric raises going concern risk over Maui wildfire settlement financing

Maui business owner Javier Cantelops talks in “Cavuto: Coast to Coast” about why the island needs to bring tourists back for business. Hawaiian Electric The company said it still had no plans to raise funds for the $1.99 billion Maui wildfire settlement it agreed to earlier this month, and cited going concern risks in its […]

Samsung Recalls Over 1 Million Electric Ranges Over Fire Hazard Risk

A product expert demonstrates an under-electric induction stove oven during a preview of Samsung Electronics’ Bespoke Home appliances and Smart Things home technology ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 3, 2023. CES runs from January 5-8, 2023. (Photo by Patrick T. Fallon/AFP via Getty Images) By James Myers, […]