Ford’s big bet on EVs didn’t pan out — now it’s pivoting to hybrids and energy storage

Ford announced a bid of changes to its gas- and electric-powered conveyance concern aimed astatine dramatically expanding hybrid conveyance accumulation successful the look of slowing EV sales. The automaker besides volition present immoderate caller products arsenic portion of this plan, including an extended-range EV mentation of its F-series truck and artillery retention systems to conscionable increasing request from AI information halfway construction.

The quality comes aft Ford has weathered years of compounding losses from its struggling EV business. The 122-year-old institution erstwhile had aspirations to surpass Tesla successful battery-electric conveyance sales, but higher worldly costs and waning request person misdeed …

Read the afloat communicative astatine The Verge.