Ford to delay production of new electric pickup and large SUV as US EV sales growth slows

FILE - The Ford F-150 Lightning displayed at the Philadelphia Auto Show, Friday, Jan. 27, 2023, in Philadelphia. With U.S. electric vehicle sales starting to slow, Ford Motor Co. says, Thursday, April 4, 2024, it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup. .

The big electric SUV, with three rows of seats, will be delayed by two years until 2027 at the company's factory in Oakville, Ontario near Toronto. Hybrid sales, however, grew 45% from January through March, while plug-in hybrids, which can go a short distance on battery power before a gas-electric system kicks in, grew 34% according to Motorintelligence.com.

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