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Ford to delay all-electric SUV, truck to focus on offering hybrid vehicles across its lineup by 2030
The Detroit automaker said it will continue to invest in EVs, including the three-row SUV, but it is postponing its production to allow the market to mature.
DETROIT – Ford Motor is delaying production of a new all-electric large SUV and pickup truck, as it shifts to offer hybrid options across its entire North American lineup by 2030. "The additional time will allow for the consumer market for three-row EVs to further develop and enable Ford to take advantage of emerging battery technology, with the goal to provide customers increased durability and better value," the company said in a release. Ford said it will continue to focus its EV efforts on new plants such as its"BlueOval City" campus in Tennessee rather than transitioning current facilities producing engine-powered vehicles to all-electric models.
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