"Ford's Revised EV Strategy: Embracing Hybrid Lineup Amid Production Delays"

1 min read
Source: TechCrunch
"Ford's Revised EV Strategy: Embracing Hybrid Lineup Amid Production Delays"
Photo: TechCrunch
TL;DR Summary

Ford is delaying the production of two electric vehicles, opting to introduce hybrids instead, reflecting a shift towards bolstering cash flow and near-term profits. The company's success historically stems from a startup mentality, exemplified by the Mustang Mach-E and past pivots like the Taurus and Explorer. Facing challenges with EV pricing and charging infrastructure, Ford is working on developing a low-cost EV through a skunkworks led by an ex-Tesla executive, potentially reinvigorating its startup spirit.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

4 min

vs 5 min read

Condensed

91%

80675 words

Want the full story? Read the original article

Read on TechCrunch