Ford dropping F-150 EV in $20 billion pivot back to gasoline, hybrids
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Ford is reportedly pivoting away from electric vehicles, with the company dropping the all-electric F-150 and taking a significant financial charge. The charge is variously reported as $19.5 billion or $20 billion, with the company expected to focus on hybrids instead. The move's specifics are unclear, with some outlets suggesting the F-150 Lightning will be replaced or modified to include a gas generator, while others imply it will be discontinued.
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