Ford revamps electric vehicle strategy with push into hybrids
wapo.st
The automaker’s EV division has been losing money, but pivoting from all-electric vehicles to hybrid technology could cost Ford up to $1.9 billion more.
  • @[email protected]OPM
    4•26 days ago

    I don’t doubt you that it’s not happening in your circle. It’s pretty definitely happening though:

    Sales of America’s No. 1 selling electric truck, the F-150 Lightning, totaled 15,645 through June of this year. F-150 Lightning sales for Q2 totaled 7,902, up 77 percent from a year ago.

    Rivian isn’t selling as many:

    Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2024. The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period.

    Now…Ford doesn’t appear to be trying to scale up and Rivian is, so I expect this to change in the future. But it’s definitely a lot that are selling.