Ford Resets EV Strategy, Shifts Focus to Hybrids, Profitability, and Energy Storage
DEARBORN — Ford Motor Co. has hit the reset button on its electric vehicle strategy, taking a roughly $19.5 billion charge tied to its EV business and pivoting toward hybrids, extended-range vehicles, and battery-based energy storage, a move that signals a broader industry reckoning — and carries major implications for Michigan’s economy. The Dearborn automaker








