Just Ford announced some delays for electric vehicles, including the long-awaited three-row SUV. The car was due out next year, but has now been pushed back to 2027, with the company suggesting it will use the extra time to “take advantage of emerging battery technology”. Ford says it will take steps to “mitigate the impact of the launch delay” on the Canadian workforce.
The next-generation electric pickup, codenamed “T3,” is also being delayed from late 2025 to 2026. It is built at the company’s Tennessee Electric Vehicle Center assembly plant at the BlueOval City complex, though Ford says it is now installing stamping equipment. will produce sheet metal for the truck.
Along with these announcements, the company unveiled a new push for hybrid vehicles. It has announced plans to offer hybrid powertrains across the entire Ford Blue range by 2030. Despite the aforementioned delays and focus on hybrid vehicles, Ford says it remains committed to electric vehicles and continues to build battery plants in Michigan, Tennessee and Kentucky. .
However, it’s no secret that the EV market isn’t as strong as companies once hoped. Maybe it’s the high cost of entry, spotty charging infrastructure, or the fact that some EVs don’t qualify for the federal tax break. Heck, maybe consumers are just turned off by a certain unnamed CEO.
In any event, the slowdown is real, although perhaps a little exaggerated. Ford experienced a 11 percent decrease in EV sales In January, however, the company said it had bounced back, with sales up 86 percent for the entire first quarter compared to last year. But the company’s EV offerings In 2023, it lost 4.7 billion dollars.
“We are committed to growing a profitable EV business,” said Ford President and CEO Jim Farley. To that end, the company announced last year that it would delay or cancel. $12 billion in planned spending in electric cars. It’s unclear how today’s announcements will affect Ford’s plans to bring production to 600,000 EVs in the year. Either way, customers can now use Tesla Superchargers It should help alleviate some of the infrastructure concerns in the US and Canada.
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