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flag Ballistic EV restructures, cuts jobs, delays launches, and shifts to commercial vehicles due to financial and supply chain issues.

flag A major restructuring at Ballistic EV, a company developing electric vehicles with advanced armor, has led to leadership changes and a shift in strategic focus. flag The company announced layoffs, delayed product launches, and a pivot toward commercial vehicle markets amid financial challenges and supply chain issues. flag Investors are closely watching the company’s ability to secure new funding and deliver on revised timelines.

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