Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company, investors

In this articleFA banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty ImagesDETROIT – Ford Motor's profit engine for decades has been large trucks and SUVs in the U.S. So it might surprise investors that the automaker believes its new path to profitability for electric vehicles will first be led by smaller, more affordable vehicles.The new plan is an "insurance policy" for the automaker to be able to expand its growin ...