Ford: Two new electric trucks, more hybrids, no three-row electric SUV
Baua Electric
AUGUST 21, 2024
Ford on Wednesday said it plans to launch more hybrids and cut back on a previously announced battery-electric vehicle as it adjusts to the changing landscape for electrified vehicles. A direct consequence of this will be a reduction in investment in EVs from about 40% of Ford’s annual capital expenditures at present to 30%.
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