Ford EV
Ford said in October it would postpone $12 billion in EV investment due to slowing demand.
  • Ford said Thursday it's delaying the release of new three-row EVs by two years.
  • It's not the first time the auto giant has hit the brakes on electric vehicles.
  • Sales growth for hybrid cars is outpacing EVs this year.

Ford said Thursday it'll push back the release of its upcoming three-row electric vehicles by two years — from 2025 to 2027.

At the same time, the company said it is working on expanding its hybrid offerings, with more models expected across its lineup in North America by the end of the decade.