Ford's EV Pivot: A New Focus on Hybrids and Geely Talks
ByAinvest
Saturday, Feb 7, 2026 3:42 am ET1min read
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Ford is pivoting away from fully electric vehicles and recording a $19.5b write down on EV-related assets. The company is shifting emphasis toward hybrids and extended range EVs in response to changing demand and policy signals. Ford is also in talks with Geely to potentially share factory space in Europe and work together on technology development. The move could influence Ford's portfolio mix, cost base, and regional footprint.
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