Ford doesn’t have an all-electric SUV plan

Ford will be abandoning its electric future and expanding its other platforms because it is responding to market demand, CFO John Lawler said. “What we’ve learned is that customers want choice, and so we’re providing…choice, with a full lineup of EVs, hybrids, electric, gas and diesel products,” he added. Ford said it will take a $400 million charge for the write-down related to manufacturing assets.