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Ford's electric three-row SUV is dead

Ford has overhauled its EV strategy and as a result it canceled plans for an electric three-row SUV. It also delayed its next-gen electric truck from 2026 until late 2027.

Ford also plans to release a medium-sized electric pickup, the first production vehicle that's based on a lower-cost platform designed by a skunkworks team, in 2027. That could help it compete with Chinese electric vehicle makers, which Ford CEO Jim Farley claims benefit from a lower-cost supply chain. The shift in strategy comes as Ford attempts to mitigate losses on its current electric models while ensuring EVs it makes in the future turn a profit.

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