The comment came during Ford's fourth-quarter earnings call to investors, where Farley mentioned SUVs and pickups as potential use-case scenarios.

Ford has begun planning a series plug-in hybrid system for use in SUVs—as well as, potentially, some of its largest pickup trucks.

Ford has confirmed it is developing range-extender hybrids in order to grab a larger share of electrified car sales, after having suffered a drop in global EV sales in 2024. Ford CEO Jim Farley said that the American brand is developing SUV and pick-up platforms designed for range-extender EVs (RExs),

Who says a giant ship can’t be turned around quickly? Speaking on a Q4 2024 earnings conference call this week, Ford CEO Jim Farley was keen to explain how determined he is to maintain the Blue Oval’s agility in developing new electrified products to match ever-changing consumer demand and regulatory environments.