Ford Motor Co. announced a realignment of its long-term strategy, shifting investment toward hybrids, affordable EVs, expanded truck and van production and a new battery-storage business.

Ford says it is "following the customer" in discontinuing its large electric pickup, which was well-received but never profitable. Ford will keep the Lightning name alive as a plug-in hybrid.

Ford shifts Blue Oval City production from electric to gas trucks, prompting state officials to consider renegotiating the $500 million incentives package used to lure the Detroit giant to Tennessee.

On Monday, Ford announced that it was discontinuing production of the full-size EV pickup. "It didn't make sense to keep plowing billions into products that we knew wouldn't make money," said Ford President and CEO Jim Farley.

The Ford Motor Company's recent announcement regarding the near-future strategy (until 2030) includes the unsurprising bombshell of an EV truck's untimely death

Ford Motor Co cancelled a 9.6 trillion won (US$6.5 billion) agreement to purchase batteries from LG Energy Solution Ltd after the US automaker rolled back its electric vehicle ambitions.

The auto manufacturer will begin producing gas-powered Built Ford Tough truck models at its renamed Tennessee Truck Plant in 2029.

Ford will convert its BlueOval SK Battery Park into a facility that produces battery energy storage systems. Here's what that means for the automaker.

Ford Motor Co.’s decision to take a nearly $20 billion charge as it shifts to hybrids from electric vehicles had little impact on the automaker’s stock but did send shares of battery makers lower.