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Ford scraps costly FNV4 software project, impacting its tech race with Tesla and others.
Ford has cancelled its FNV4 project, aimed at unifying vehicle software for electric and gas cars, due to high costs and delays.
The company will now focus on its current electrical architecture and a skunkworks team in California developing advanced software and affordable electric vehicles.
This marks a setback for Ford in its competition with Tesla, General Motors, and Stellantis for advanced vehicle technology.
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