Ford's strategic shift indicates that it will prioritize hybrid models over all-electric vehicles, catering to consumers' price concerns and range anxiety associated with EVs.
John Lawler stated, 'For those customers, hybrid technologies or multiple propulsion technologies is the best solution,' highlighting a shift in focus to meet market demands.
Despite being the No. 2 U.S. EV company, Ford is reevaluating its approach due to losses in EV sales and an expected influx of competition.
Lawler pointed out, 'We’re seeing a tremendous amount of competition in the SUV segment,' emphasizing the landscape's challenges as Ford plans its next moves.
[
Collection
]
[
|
...
]