Ford axed major EV plans, and these latest numbers show why

Core Insights - Ford's hybrid vehicles are experiencing unprecedented popularity, indicating a strong consumer preference for hybrid technology over fully electric vehicles [1] - The company is facing challenges in gaining traction in the electric vehicle (EV) market, suggesting potential strategic misalignments or competitive disadvantages [1] Summary by Category Hybrid Vehicles - Ford's hybrids have seen a significant increase in demand, reflecting a growing market trend towards hybrid technology [1] Electric Vehicles - Despite the success in hybrids, Ford has struggled to establish a strong presence in the EV sector, highlighting a gap in their electric vehicle strategy [1]