Reading these specs and such
Reading these specs and such modest model changes, it appears that Ford has given up trying. A EV truck will deliver a lot more performance, features and pay for itself in million mile service life before overhaul, awhile getting 120 equivalent miles per gallon. It seems Ford is releasing a flip phone while the rest of the world is offering smartphones at lower price.
Since the F-150 is really the only volume product Ford makes, to have such a weak answer to the EVs, and much more complex and failure prone Hybrid configuration it seems to be surrender by Ford and acceptance that it is approaching bankruptcy. If they wanted to stay in the business they would have invested in BEV R&D 15 years ago when they still made a profit.