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But why double down on hybrids just as the industry is making a big push toward pure EVs?
“What the customer really likes is when we take a hybrid system that’s more efficient for certain duty cycles and then we add new capabilities because of the batteries,” Farley said.
Phones, and tech in general, has always been an innovation arms race. If one company starts making foldable phones, you’ll see competition join in.
This isnt manufactured demand, it’s n industry defined by throwing gimmicks at the wall until one Is popular
See the abject failure of the Windows phone as a classic example of an entry failing.
Edit: came across this on my news scroll today: https://www.cnbc.com/amp/2023/07/28/ford-embraces-hybrids-as-it-loses-billions-on-evs.html