Ford Motor ( NYSE: F) confirmed that it is delaying the launch of two next-generation electric vehicles. A full-size electric pickup truck aimed as the successor to the F-150 Lightning and the next E-Transit van will not be made until 2028.

Ford Motor is delaying the launch of two next-generation electric vehicles as it shifts its focus to smaller and more affordable models, the company said on Thursday.

The Ford Motor Company is adjusting its electric vehicle strategy. The automaker will prioritize smaller and more affordable EVs ahead of the replacement for the F-150 Lightning fullsize pickup truck and e-Transit van. The Lightning replacement, codenamed T3, should now appear later in 2027, with the van a year behind.