Ford Motor(US:F) Fox Business·2025-12-16 19:40Core Viewpoint - Ford is cutting production of the electric F-150 Lightning and shifting its investment focus towards hybrid vehicles and affordable EVs, taking a $19.5 billion charge on its EV assets and product roadmap [1][2]. Group 1: Production and Financial Impact - The decision will result in approximately $5.5 billion in cash effects, primarily occurring in 2026 and 2027 [1]. - Ford plans to end production of the current generation F-150 Lightning this year and transition to a next-generation model with an extended-range electric vehicle architecture (EREV), expected to add 700 miles or more [10]. Group 2: Strategic Shift - The company aims to invest in higher-margin areas, including more American-built trucks, vans, hybrids, and affordable EVs produced in Kentucky [3]. - Ford's CEO emphasized the rising demand for hybrids, which now constitute 30% of their vehicle mix, and the need to respond to consumer preferences by reallocating capital [6][7]. Group 3: Future Projections - By 2030, Ford anticipates that about 50% of its global volume will consist of hybrids, extended-range EVs, and fully electric vehicles, up from 17% in 2025 [11].