Ford's EV Strategy Shift: Focusing on Hybrids & Affordable EVs
Update: 2025-12-15
Description
Ford Motor Company is reshaping its electric vehicle strategy, announcing $8.5 billion in write-downs for EV assets and focusing on hybrids and affordable EVs. The company is canceling a next-gen electric truck, increasing hybrid models, and transitioning the F-One-Fifty Lightning to an extended-range EV. By 2030, 50% of Fords global volume will consist of hybrids, extended-range EVs, and fully electric vehicles.
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