Ford Rethinks EV Strategy, Cancels Flagship Electric SUV

The automaker shifts focus to hybrid models and smaller electric vehicles amid challenges in the EV market.

Ford cancels its planned three-row electric SUV, leading to a $1.9 billion loss.
The company will delay the launch of its new electric F-150 truck until 2027.
Ford plans to introduce a midsized electric pickup and an electric van in the coming years.
The shift reflects broader industry trends towards hybrids and smaller, more affordable EVs.
Analysts question Ford's initial EV strategy and its ability to adapt quickly.