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TechRadar
TechRadar
Leon Poultney

Ford slams the brakes on its pure EV plans – and is taking the hybrid road instead

Ford F150 Lightning 2024.

Ford is the latest major automotive player to scale back ambitious plans for future electric vehicles, stating that it has scrapped an all-electric, seven-seat SUV to rival those from Kia and Volvo, as well as delaying the successor to its F-150 Lightning electric pick-up truck until at least 2027.

The latest move comes as Ford says it would not be able to reach a profit on the large all-electric SUV in the desired timeframe, so has written the $1.9bn investment off as a loss for now.

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