Ford's $19.5 billion pivot brings hybrids back, keeps F-150 Lightning alive [USA TODAY]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: USA TODAY
Ford is shifting its electric vehicle strategy to include Extended Range Electric Vehicle (EREV) technology in its F-150 Lightning. The company will expand its hybrid and gasoline powertrain options, expecting them to make up half of global sales by 2030. Ford plans to hire thousands of new U.S. employees for roles in vehicle assembly and battery energy storage systems. Ford Motor Co. has announced a pivot in its future electric vehicle strategy, a move that will cost it $19.5 billion to restructure its business plan, but the automaker will keep the all-electric F-150 Lightning pickup in production. Ford said the pickup will transition into a new model that will use Extended Range Electric Vehicle (EREV) technology, meaning it has a generator on it to recharge it, giving it an estimated range of more than 700 miles and added charging capacity. Ford made the announcement on Monday, Dec. 15, along with several other announcements including that it will offer a range of hybrid
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Earnings
- 10/23/25 - Beat
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Sec Filings
- 12/15/25 - Form 8-K
- 12/12/25 - Form 8-K
- 12/3/25 - Form 4
- F's page on the SEC website