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RE: LeoThread 2025-05-02 07:04

in LeoFinance5 months ago

Delayed progress, soaring costs led to cancellation
According to Reuters, Ford began informing select employees last week about the decision to halt FNV4, using a company video to outline the reasons.

After internal assessments showed the program was no longer viable, executives had made the call weeks earlier.

The system, originally envisioned as a “zonal” architecture—bundling smaller computing hubs to control localized vehicle functions—aimed to reduce wiring complexity and improve the speed of software updates.

Despite the promise, the initiative became a financial burden. Ford posted $4.7 billion in software and EV-related losses in 2023 and another $5 billion in 2024, with FNV4 contributing significantly to those figures.