DEARBORN, MI—Ford Motor Co. has adjusted its domestic electrification strategy to meet changing market conditions. The three-year strategic plan includes a range of electrification options designed to entice customers, such as lower prices and longer ranges.
Ford’s future EV portfolio will include a commercial van and two new pickup trucks. The automaker also plans to realign its U.S. battery sourcing plan to reduce costs, maximize capacity utilization, and support current and future electric vehicle production.