Ford's EV plans take latest backstep with European retreat in favor of hybrids
Briefly

Ford's European head hints at favoring hybrids due to consumer demand, despite massive EV losses in Q1 and regulatory deadlines for all-electric transition by 2035.
Ford plans to scale back EV investments, confirming a shift towards hybrids. The focus on hybrids is seen as a response to consumer trends and financial considerations.
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