Ford (F) saw increased vehicle sales in May, driven by strong demand for the company's electric vehicles (EVs) and hybrid models. CEO Jim Farley recently highlighted the company's variety of offerings, emphasizing that the auto industry's future will not solely revolve around EVs.

Yahoo Finance's Pras Subramanian breaks down the details.

To see CEO Jim Farley's full interview, click here.

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This post was written by Angel Smith