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