Ford Delays Electric Pickup Trucks and SUVs as EV Sales Slow

With U.S. electric vehicle sales starting to slow, Ford Motor Co. says 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 Dearborn, Michigan, company said Thursday that a much ballyhooed new electric pickup to be built at a new factory in Tennessee will be delayed by a year until 2026.

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. The retreat comes as U.S. electric vehicle sales growth slowed to 2.7% in the first quarter of the year, far below the 47% increase that fueled record sales and a 7.6% market share last year. Sales of new vehicles overall grew nearly 5%, and the EV market share declined to 7.1

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BYD to Launch First Electric Pickup Truck, Competing with Ford and TeslaBYD plans to launch its first electric pickup truck this year, as the Chinese giant steps up competition with global auto firms, from Ford to Tesla. The midsize-to-large pickup truck has been developed for the global market, BYD said in a press release. BYD showed off pictures of the truck draped in orange and blue camouflage, with very little detail visible on the interior or exterior of the vehicle. The sale price of the vehicle was not disclosed.
Source: CNBC - 🏆 12. / 72 Read more »

About 1,400 workers at Ford electric pickup plant to transfer or take retirement offers next weekMore than $1,600 has been raised so far for 'The Miles We Walk.'
Source: WTHRcom - 🏆 329. / 59 Read more »

The TELO Electric Pickup Is A Tiny Truck With Big FeaturesClean Tech News & Views: EVs, Solar Energy, Batteries
Source: cleantechnica - 🏆 565. / 51 Read more »