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Ford shifting its EV focus

Toronto Star

|

August 22, 2024

Automaker will produce two new pickup trucks, new commercial van

- TOM KRISHER

Ford shifting its EV focus

Ford said production of its next generation full-size electric pickup truck in Tennessee will be delayed 18 months, until 2027.

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.

The company says all will cost less, have longer range and be profitable before taxes within a year of reaching showrooms.

Ford, which is losing millions on its current EVs, gave few details about the new products. But it said production of its next generation full-size electric pickup truck in Tennessee will be delayed 18 months, until 2027.

The company also says it won’t build fully electric three-row SUVs due to high battery costs, but instead will focus on making those vehicles as gas-electric hybrids.

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