Ford announced a series of actions to sharpen its Ford+ plan and redeploy capital toward profitable growth, including ending current-generation F-150 Lightning production, shifting to hybrids and extended-range EVs, and launching a battery energy storage business. The release also cites a Renault EV partnership, a $19.5 billion special-items charge, 2025 adjusted EBIT guidance of about $7 billion, and quotes from CEO Jim Farley and Doug Field.