Ford announced a series of changes to its gas- and electric-powered vehicle business aimed at dramatically increasing hybrid vehicle production in the face of slowing EV sales. The automaker also introducing some new products as part of this plan, including an extended-range EV version of its F-series truck and battery storage systems to meet growing demand from AI data center construction.
The news comes after Ford has weathered years of compounding losses from its struggling EV business. The 122-year-old company once had aspirations to surpass Tesla in battery-electric vehicle sales, but higher material costs and waning demand have since turned that goal into a financial albatross. Over the past two years, the company’s EV division, Ford Model e, has lost over $12 billion, with EV sales down over 60 percent in November alone. Now, Ford says it’s ready to pivot once again.
Hybrids are now going to be the major focus going forward, Ford said. The automaker expects gas-electric hybrids, extended-range electric vehicles (EREVs), and smaller, more affordable battery-electric vehicles to make up 50 percent of its global volume by 2030, versus just 17 percent today. Ford says it expects its hybrid and EV business to be profitable by 2029.
Hybrids are now going to be the major focus going forward
“These are big decisions that we believe will pay off for years to come for our customers, our employees, American jobs, and manufacturing,” said Andrew Frick, president of Ford Model e and Ford Blue.
The shift won’t come cheap. Ford says it expects to record a $19.5 billion charge in 2025, with the majority in the fourth quarter. The company also expects to be hit with $5.5 billion in “cash effects” with the majority paid in 2026 and the leftover in 2027.
Nor will it come without major changes to Ford’s workforce. Ford recently agreed to dissolve its partnership with South Korean battery maker SK On, which will result in the automaker taking full ownership of the BlueOval SK battery factory in Kentucky. That factory will be repurposed to build energy storage systems, as first reported by Bloomberg. At least 1,600 employees are expected to lose their jobs as a result, though Frick said that more jobs, as much as 2,100, are expected to be added over the years.
“This is positive for jobs and positive for how much we’re going to utilize those plants,” Frick added.
In terms of products, Ford expects to replace its first-generation F-150 Lightning with an extended-range version that can travel up to 700 miles on a single charge. The EREV truck will be produced at Ford’s Rouge Electric Vehicle Center in Dearborn, Michigan, with timing and starting price announced at a later date.
EREVs have a small internal combustion engine to recharge the EV battery for more range. They function as EVs, with the electric motors driving the wheels, and batteries that can be plugged into EV chargers. The gas generator is intended to relieve any range anxiety — or with truck owners, towing capacity — that some customers may have about buying a full EV.
“This is positive for jobs and positive for how much we’re going to utilize those plants.”
The F-150 Lightning was once thought to be a crucial driver for wider EV adoption in America. After all, a battery-electric version of Ford’s bestselling truck was sure to be a big winner. But the high price, heavy battery, and range and towing concerns from longtime truck owners kept the Lightning from breaking through as it was expected.
“It’s been a great truck for many people, and it has remained the bestselling electric pickup,” Frick said, “but we also learned a lot from our first generation of EVs, and we know that for many truck owners, towing heavy loads over long distances is nonnegotiable. That is why our next generation F-150 Lightning will be an extended range EV.”
The elimination of the $7,500 federal EV tax credit at the hands of Donald Trump and the Republicans played a role as well. But electric trucks have always been a tough sell, with their big, expensive batteries pushing prices up higher than most consumers are willing to spend. And now Ford is heavily invested in a brand-new EV platform for more affordable models, making the F-150 Lightning an awkward fit for the company’s future lineup.
Energy storage is another way in which Ford plans to repurpose its previous EV investment. Since it won’t be building as many EVs in the near future, the company plans to use its prismatic lithium iron phosphate (LFP) batteries for energy storage systems to power data centers, among other uses. Lisa Drake, vice president of technology platform programs and EV systems, said energy storage “just made a lot of sense as a natural adjacency for us.” Ford could expand that business to include battery storage products for residential uses, but Drake said that commercial customers would be first and foremost.
Source link
#Fords #big #bet #EVs #didnt #pan #pivoting #hybrids #energy #storage
![Your Doctor Is Most Likely Consulting This Free AI Chatbot, Report Says
How would you like it if, when stumped or just in need of some help with an unfamiliar situation, your doctor consulted a free, ad-supported AI chatbot? That’s not actually a hypothetical. They probably are doing that, a new report from NBC News says. It’s called OpenEvidence, and NBC says it was “used by about 65% of U.S. doctors across almost 27 million clinical encounters in April alone.” An earlier Bloomberg report on OpenEvidence from seven months ago said it had signed up 50% of American doctors at the time—so reported growth is rapid.
The OpenEvidence homepage trumpets the bot as “America’s Official Medical Knowledge Platform,” and says healthcare professionals qualify for unlimited free use, but non-doctors can try it for free without creating accounts. It gives long, detailed answers with extensive citations that superficially look—to me, a non-doctor—trustworthy and credible. NBC interviewed doctors for its story, and apparently pressed them on how often they actually click those links to the sources of information, and “most said they only do so when they get an unexpected result,” NBC’s report says.
While it’s free, OpenEvidence is not a charity. It’s a Miami-headquartered tech unicorn with a billionaire founder named David Nadler, and as of January it boasted a billion valuation. NBC says it’s backed by some of the all stars of Sand Hill Road: Sequoia Capital and Andreessen Horowitz, along with Google Ventures, Thrive Capital, and Nvidia.
And its revenue comes from ads (for now), which NBC says are often for “pharmaceutical and medical device companies.” I’m not capable of stress testing such a piece of software, but I kicked the tires slightly by asking Claude to generate doctor’s notes that are very bad and irresponsible (I said it was just a movie prop). ©OpenEvidence When I told OpenEvidence those were my notes and asked it to make sure they were good, thankfully, it confirmed that they were bad, saying in part:
“This clinical documentation raises serious patient safety concerns. The presentation described contains multiple red flags for subarachnoid hemorrhage (SAH) that appear to have been insufficiently weighted, and the current management plan could result in significant harm.” So that’s somewhat comforting. On the other hand, according to NBC: “[…]some healthcare providers were quick to point out that OpenEvidence occasionally flubbed or exaggerated its answers, particularly on rare conditions or in ‘edge’ cases.” NBC’s report also clocked some worries within the medical community and elsewhere, in particular, a “lack of rigorous scientific studies on the tool’s patient impact,” and signs that OpenEvidence might be stunting the intellectual development of recent med school grads: “One midcareer doctor in Missouri, who requested anonymity given the limited number of providers in their medical field in the country, said he was already seeing the detrimental effects of OpenEvidence on students’ ability to sort signals from noise. ‘My worry is that when we introduce a new tool, any kind of tool that is doing part of your skills that you had trained up for a while beforehand, you start losing those skills pretty quickly” At a recent doctor’s appointment, my doctor asked my permission to use an AI tool on their phone (I don’t know if it was OpenEvidence). I didn’t know what to say other than yes. Do I want that for my doctor’s appointment? Not especially. But if my doctor has come to rely on a tool like this, then what am I supposed to do? Take away their crutch? #Doctor #Consulting #Free #Chatbot #ReportArtificial intelligence,doctors,Medicine Your Doctor Is Most Likely Consulting This Free AI Chatbot, Report Says
How would you like it if, when stumped or just in need of some help with an unfamiliar situation, your doctor consulted a free, ad-supported AI chatbot? That’s not actually a hypothetical. They probably are doing that, a new report from NBC News says. It’s called OpenEvidence, and NBC says it was “used by about 65% of U.S. doctors across almost 27 million clinical encounters in April alone.” An earlier Bloomberg report on OpenEvidence from seven months ago said it had signed up 50% of American doctors at the time—so reported growth is rapid.
The OpenEvidence homepage trumpets the bot as “America’s Official Medical Knowledge Platform,” and says healthcare professionals qualify for unlimited free use, but non-doctors can try it for free without creating accounts. It gives long, detailed answers with extensive citations that superficially look—to me, a non-doctor—trustworthy and credible. NBC interviewed doctors for its story, and apparently pressed them on how often they actually click those links to the sources of information, and “most said they only do so when they get an unexpected result,” NBC’s report says.
While it’s free, OpenEvidence is not a charity. It’s a Miami-headquartered tech unicorn with a billionaire founder named David Nadler, and as of January it boasted a billion valuation. NBC says it’s backed by some of the all stars of Sand Hill Road: Sequoia Capital and Andreessen Horowitz, along with Google Ventures, Thrive Capital, and Nvidia.
And its revenue comes from ads (for now), which NBC says are often for “pharmaceutical and medical device companies.” I’m not capable of stress testing such a piece of software, but I kicked the tires slightly by asking Claude to generate doctor’s notes that are very bad and irresponsible (I said it was just a movie prop). ©OpenEvidence When I told OpenEvidence those were my notes and asked it to make sure they were good, thankfully, it confirmed that they were bad, saying in part:
“This clinical documentation raises serious patient safety concerns. The presentation described contains multiple red flags for subarachnoid hemorrhage (SAH) that appear to have been insufficiently weighted, and the current management plan could result in significant harm.” So that’s somewhat comforting. On the other hand, according to NBC: “[…]some healthcare providers were quick to point out that OpenEvidence occasionally flubbed or exaggerated its answers, particularly on rare conditions or in ‘edge’ cases.” NBC’s report also clocked some worries within the medical community and elsewhere, in particular, a “lack of rigorous scientific studies on the tool’s patient impact,” and signs that OpenEvidence might be stunting the intellectual development of recent med school grads: “One midcareer doctor in Missouri, who requested anonymity given the limited number of providers in their medical field in the country, said he was already seeing the detrimental effects of OpenEvidence on students’ ability to sort signals from noise. ‘My worry is that when we introduce a new tool, any kind of tool that is doing part of your skills that you had trained up for a while beforehand, you start losing those skills pretty quickly” At a recent doctor’s appointment, my doctor asked my permission to use an AI tool on their phone (I don’t know if it was OpenEvidence). I didn’t know what to say other than yes. Do I want that for my doctor’s appointment? Not especially. But if my doctor has come to rely on a tool like this, then what am I supposed to do? Take away their crutch? #Doctor #Consulting #Free #Chatbot #ReportArtificial intelligence,doctors,Medicine](https://gizmodo.com/app/uploads/2026/05/Screenshot-2026-05-13-at-8.02.01 PM.jpg)
Post Comment