Ford CEO Jim Farley emphasized the importance of hybrid vehicles as a long-term solution rather than just a transitional technology during a recent Bernstein analyst conference. Farley expressed his belief that plug-in hybrids may become irrelevant in the near future, but extended-range hybrids will play a crucial role in the industry's future. Despite the surge in demand for hybrid vehicles over the past year, automakers have been scaling back on their electric vehicle (EV) investments. Read The Rest at :
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