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Ford not forcing EVs, hybrids on buyers – chairman

  • Ford executive chairman Bill Ford believes that there will continue to be a place for petrol and diesel vehicles alongside electrified options, depending on the market.
  • Electrification is gaining market share globally, but the growth is cooling while hybrids and plug-in hybrids are gaining momentum.
  • Ford intentionally placed bets across a wide variety of powertrains to have flexibility and meet different customer needs.
  • The Australian government will financially penalize carmakers who exceed emissions targets under the New Vehicle Efficiency Standard by 2025.

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