Ford Motor CEO Jim Farley expressed his expectation of a significant drop in demand for all-electric vehicles following the end of federal tax incentives. He anticipates EV sales to decrease from a record market share of 10% to 12% to just 5% after the incentive program expires. Farley noted that the industry may shift towards hybrids as customers find partial electrification more acceptable in the current context. The impending changes in policy and incentive structures will require the auto industry, including Ford, to adapt and make adjustments to their strategies and operations.