U.S. Ford downsizes its electric car efforts
NEW YORK, Aug. 21 (Xinhua) -- Ford Motor said on Wednesday that it would delay the introduction of a new large electric pickup truck by about 18 months, to 2027, and scrap a three-row electric sport-utility vehicle.
It indicates the company is again slowing the pace of its investments and new battery-powered models though it had once hoped to race ahead of other established automakers in electric vehicles.