BP to take hit of up to $5bn on green energy as it refocuses on fossil fuels
BP will write down up to $5bn from gas and low‑carbon transition assets as it refocuses on fossil fuels, without affecting reported underlying profits.
Ford retreats from EVs and takes big financial hit as Trump policies grip industry | CBC News
Ford will take a $19.5 billion writedown, cancel multiple EV models, pivot to gas and hybrid vehicles, and replace the F-150 Lightning with an extended-range model.
