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 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 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 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.
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.
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 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's first all-electric Explorer rolls out, new EV crossover coming
WEBJun 4, 2024 · After re-engineering the new EV with an updated NMC battery, Ford’s electric Explorer is ready to roll out. Ford announced it started mass production Tuesday at its new dedicated...
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.