Ford is making major changes to its electric vehicle strategy
WEBAug 21, 2024 · CNN — Ford on Wednesday acknowledged America’s electric vehicle market just isn’t what the automaker expected it to be: Customers are increasingly price-conscious and range-anxious. So, Ford...
Ford Updates EV, Hybrid Plans, Readies Manufacturing Plants
WEBApr 4, 2024 · Ford continues to invest in a broad set of EV programs as it works to build a full EV line-up. In parallel, Ford is expanding its hybrid electric vehicle offerings.
Ford Announces Massive Shift In Its Future EV Strategy - Road & Track
WEBAug 21, 2024 · Ford is rolling back its earlier EV goals, leaning more into the truck segment and hybrid powertrains. The announcement marks a major shift in the brand's EV plans.
Ford reassessing EV plans, including vertical battery integration
WEBFeb 6, 2024 · Ford is rethinking its electric vehicle strategies, CEO Jim Farley said Tuesday. The Detroit automaker previously confirmed plans to delay or cut $12 billion in spending on all-electric...
Ford Broadens Electrification Strategy to Reach ... - Ford Media …
WEBAug 21, 2024 · Ford focuses its next generation of electrified and digitally advanced vehicles where it has competitive advantages – commercial vans, mid-size and large pickup trucks, and long-range SUVs – and will offer a range of electrification options designed to speed customer adoption, including lower prices and longer ranges.
Ford Releases New Battery Capacity Plan, Raw ... - Ford Media …
WEBJul 21, 2022 · Building on strong demand for its new EVs, Ford today announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026.
Ford teases next-generation EV that will help it close the gap with ...
WEBMay 22, 2023 · Ford said it would release a three-row electric SUV with 350 miles of range in 2025. The new vehicle will be built on the automaker’s next-generation EV platform.
Ford delays new EV plant and cancels electric three-row SUV as it ...
WEBAug 21, 2024 · Instead, Ford said it will prioritize the development of hybrid models, as well as electric commercial vehicles such as a new electric commercial van in 2026, followed by two EV pickup trucks in 2027.
Why Ford believes its $1.9 billion shift in EV strategy is the right ...
WEBAug 23, 2024 · Ford CFO John Lawler said Wednesday that the company’s future capital expenditure plans will shift from spending about 40% on all-electric vehicles to spending 30%. He did not give a timeline ...
Ford to shift electric vehicle strategy by building new lower-cost ...
WEBAug 21, 2024 · DETROIT (AP) — Facing competition from automakers with lower costs, Ford Motor Co. is shifting its electric vehicle strategy and now will focus on making two new electric pickup trucks and a new commercial van.