# Ford's EV reset carries a $19.5 billion write-down; Lightning EREV expected in 2027

Canonical page: https://technooptimist.io/stories/ford-s-ev-reset-carries-a-19-5-billion-write-down-lightning-erev-ccfe7f3c
Date: 17 Dec 2025
About: [Ford Motor Company](https://technooptimist.io/companies/ford.md) · [F-150 Lightning EREV](https://technooptimist.io/vehicles/f-150-lightning-erev.md)
Original source: https://www.wardsauto.com/news/ford-scraps-ev-f150-lightning-replacement-erev/807986/

WardsAuto reported that Ford declared a $19.5 billion write-down tied to its EV investments, mostly in the fourth quarter of 2025, as it ended the all-electric F-150 Lightning less than four years after launch. The range-extended replacement is expected on the market in 2027. Ford CEO Jim Farley called the change a customer-driven shift.

## Key facts

- Battery-only Lightning was rated up to 320 miles with its largest pack; the EREV claims 700
- The petrol engine acts only as a generator and is not connected to the wheels
- Ford is shifting money toward trucks and vans, hybrids and battery energy storage

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