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The Rise Of Extended-Range Electric Vehicles
CNBC· 2026-02-05 17:00
Ford's F-150 lightning was the best selling EV pickup truck in the US in 2025, Ford still decided to drop it. Now, the automaker and Detroit rival Ram are locked in a race to produce a new kind of truck with a battery that gets about 700 miles of range. But there's a twist it has a gas tank.It's called an extended-range EV or EREV. Automakers are betting these will outsell EVs by a wide margin. Ford hasn't announced when the new vehicle will launch, but so far, Ram's EREV, which it calls a Rev, will beat Fo ...