Ford slows its push into electric vehicles
Ford Motor on Thursday delayed production of at least two new electric cars and said it would shift to producing more hybrids. His decision was the latest sign that big automakers are being forced to rethink their electric vehicle strategy because sales of these models are slowing.The shift by Ford and automakers such as General Motors and Mercedes-Benz, which have also pushed back their plans for electric cars, was largely prompted by the companies' difficulties producing and selling enough electric cars and do it profitably.Sales of such vehicles are still growing, but the pace has slowed dramatically in recent months as automakers weed out many early adopters who were willing to spend more than $50,000 for a new battery-powered car. Because they are still learning how to produce c...