Ford scaling backmost its all-electric ambitions and says Hybrids are the Future
Ford is shaking up its strategy for electrical vehicles (EVs), scrapping plans for a large, three-row, all-electric SUV and postponing the motorboat of its adjacent electrical pickup truck.
Chief fiscal serviceman John Lawler said the steadfast was adjusting its plans successful effect to "pricing and borderline compression".
The determination comes arsenic maturation successful request for electrical cars has faltered, starring to terms wars and different pressures.
Ford said the caller timetable would let it to instrumentality vantage of technological advances successful batteries and different areas that are expected to little costs and grow however acold the cars tin spell without charging.
Source: https://www.bbc.com/news/articles/cevj21kjv1wo
Further reading: https://www.wired.com/story/ford-ste...re-the-future/