Ford is delaying the next-generation F-150 Lightning and E-Transit until 2028 while rethinking its massive Blue Oval City plant and shifting focus toward more affordable EVs.

Ford is investing $5 billion to change the way it makes electric vehicles, a move the automaker says will allow it to manufacture models starting at $30,000 — far less than the current average ...

Ford says about $2 billion of the investment will secure 2,200 hourly jobs at its Louisville assembly plant to build the company’s next generation of electric vehicles.