Ford Motor Co. has announced the shift in its EV strategy, revealing it will delay the rollout of an all-electric SUV. The auto manufacturer plans to prioritize transforming its portfolio to a hybrid lineup by 2030 instead.
This reshuffling of strategies gives an insight into Ford’s vision for the future, emphasizing hybrids over fully electric vehicles for the time being. Reasoning behind this decision could be that hybrids offer a more balanced approach, blending the benefits of electric motors with the reliability and range of internal combustion engines. This would help Ford in the transition period and could potentially attract more consumers who are hesitant about fully committing to an all-electric vehicle.
However, changes in plans do not necessarily mean that Ford is slowing down in its efforts to be a major player in the sustainable automobile industry. It indicates that Ford wants to provide options that meet the transition needs of consumers while advancing towards a greener future in the auto industry. It is yet to be seen when Ford will re-focus on all-electric vehicles again.
