The automaker is instead focusing on offering hybrid options across its entire North American lineup by 2030.
"As the No. 2 EV brand in the U.S. for the past two years, we are committed to scaling a profitable EV business, using capital wisely and bringing to market the right gas, hybrid and fully electric vehicles at the right time," Ford CEO Jim Farley said Thursday in a statement.China’s BYD to launch first electric pickup truck this year in latest challenge to Tesla, Fordto transition Ford's Oakville Assembly Plant in Ontario, Canada, into a new electric vehicle hub.
"Our breakthrough, next-generation EVs will be new from the ground up and fully software enabled, with ever-improving digital experiences and a multitude of potential services," Farley said.Ford said it is continuing construction of battery plants in Michigan, Tennessee and Kentucky.
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