Ford is delaying its plans for electric vehicle production in favor of pushing more hybrid models, according to Jalopnik.
A report from the Guardian revealed that Ford will be pushing the launch of its new electric pickup truck back by one year to 2026, and its three-row electric SUV has been delayed by two years to 2027.
Instead, Ford said it plans to bulk up its selection of hybrid vehicles, with hybrid powertrains expected to be offered across its lineup by 2030, according to a report from Reuters.
With hybrid sales up 45% in the first half of 2024 and EV sales slowing down, the decision for Ford to refocus more on hybrids isn’t surprising. The U.S. Environmental Protection Agency loosening its timeframe for automakers to adapt to EV production has also lessened the pressure on manufacturers to accelerate the push for EVs.