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Meet the New Ford Maverick

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Ford expects the hybrid version of the 2022 Ford ( (F) ) Maverick to make up about 40% of demand when it goes on sale this fall.

"The Maverick gives you the best of both worlds," Ford said on its website. "Compact on the outside, but still big enough on the inside to seat five and store all your stuff."

Read all about Ford's latest compact truck here.

Shares of the Dearborn, Mich., automaker were down 1.51% to $15.64 at last check.

Last month, Ford debuted the all-electric F-150 Lightning, part of the company's $30 billion global electric vehicle plan.

Related: What Jim Cramer Likes About Ford's F-150 Lightning

Related: The Story Behind Ford's Legendary Lightning Brand

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