Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles.

Ford is completely changing its electrification strategy, with the next Lightning featuring a plug-in hybrid setup where a gas engine adds juice to the battery.

Ford announced today it has cancelled the all-electric F-150 Lightning in favor of an extended-range EV. This shift, along with a new battery segment, is a major pivot.

After years of bold EV promises, Ford is retreating from the F-150 Lightning and rewriting its electric future.

Ford is ending production of the F-150 Lightning truck and pivoting to focus on manufacturing hybrid vehicles and smaller electric vehicles.

The automaker is ending production of its electric pickup while planning a series-hybrid F-150 and a new low-cost EV platform. “The company is shifting to higher-return opportunities,” Ford says.

Ford has an answer to the F-150 Lightning's woes: turn it into a 700-mile extended-range electric vehicle (EREV) for the next generation.

The end of the best-selling electric pickup truck is here: Ford is pulling the plug on the F-150 Lightning by the end of the year. It’s not dead dead, but the next version of the Lightning will be an extended range electric vehicle, known as an EREV. Ford is positioning it as the “next-generation.”

Ford says the next generation of the F-150 Lightning pickup truck will transition to a range-extended EV powertrain.

Ford expects ~$19.5B in special items, mostly in Q4 2025, with the remainder across 2026–2027. Read more here.

Ford already has vehicles that fill the space in the U.S. market that the Ranger PHEV and Super Duty are designed to fill outside of it.

The announcement follows Ford’s November sales report, which showed EV sales plunging 60.8% YOY to 4,247 units after the federal $7,500 tax credit expired Sept. 30. Hybrid sales rose 13.6% in the same period.