Ford and Ferrari are facing market pressures due to the shift toward electric vehicles, impacting market incentives.
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Updated oct 7
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What happened
Ford and Ferrari are facing market pressures due to the shift toward electric vehicles, impacting market incentives.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Ford ended its F1 program, cutting Cosworth support, while Carlos Sainz secured a win for Ferrari at the Singapore Grand Prix, amidst George Russell's crash.Sub-event
- Ford and Ferrari are involved in a rivalry within the competitive sports-car racing scene.Sub-event
- Ford EV models, including the e-Tourneo Courier and Puma Gen-E, are eligible for maximum government grants, alongside support for EV competition.Sub-event
Both Ford and Ferrari are struggling with market pressures caused by the EV transition.1 source