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BTCC / BTCC Square / Global Cryptocurrency /
Ford Scales Back EV Ambitions in Pivot to Hybrids

Ford Scales Back EV Ambitions in Pivot to Hybrids

Author:
Global Cryptocurrency
Published:
2025-12-16 17:53:01
15
3
BTCCSquare news:

Ford Motor Co. is recalibrating its electric vehicle strategy amid shifting consumer demand, announcing $19.5 billion in restructuring charges to prioritize hybrid and plug-in models over pure EVs. The automaker will redesign its F-150 Lightning as an extended-range EV rather than fully electric, while maintaining plans for affordable EVs by 2027.

CEO Jim Farley framed the MOVE as a 'customer-driven shift' to improve profitability. The decision mirrors broader industry caution as EV adoption rates fluctuate. Ford’s cash outlays for the restructuring will extend through 2027, with most charges booked in Q4.

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