Overview
- Ford's previous program required dealers to invest up to $1.2 million in EV infrastructure and training.
- The program saw only half of Ford's dealerships participating due to high costs and legal challenges.
- New policy allows all 2,800 U.S. Ford dealerships to sell and service EVs with reduced investment requirements.
- Ford aims to increase EV accessibility, with 90% of Americans living within 25 miles of a dealership.
- The company anticipates a significant financial loss from its EV division this year, despite the policy change.