Ford’s struggles with the EV facet of its car enterprise — which the corporate calls Model e — isn’t any secret. Even although it nonetheless has massive EV plans, the corporate has misplaced billions amid slowing EV demand, with fashions just like the Mustang Mach-E getting its costs slashed as supplier inventory piles up. Now it might appear these troubles have come for deliberate EV fashions which are badly wanted.
A brand new report from Autoweek that particulars the shuffling of varied automakers and their EV plans amid a altering market mentions Ford’s altering plans. Sources near Ford’s EV plans instructed Autoweek that the model had plans to introduce EV variations of each the Bronco and Maverick. However as a consequence of latest losses within the Model e division, each fashions have been positioned on maintain till the 2030s. From Autoweek:
Ford’s key EV fashions for North America are very costly to construct, because the Lightning’s design begins with the ICE F-150 platform, and the Mach-e rides on a devoted, single-model platform. Ford misplaced $4.7 billion on its all-electric Model e enterprise unit in 2023, slicing into its general optimistic earnings earlier than earnings tax of $10.4 billion.
According to one among our sources, Ford has positioned EV variations of the Maverick and Bronco on-hold, till not less than the early ‘30s.
This would mean that EV versions of both of these probably won’t seem till the following technology of each. Ford could be planning one thing as a stopgap nevertheless. Sources instructed Ford Authority that Ford has been benchmarking the Jeep Wrangle 4xe, which may level to them engaged on a Bronco hybrid or PHEV. But with how issues are, who is aware of once we may see one thing like that.
Other EV tasks both placed on maintain or canceled in response to Autoweeks sources embody GM’s plans to exchange the prehistoric Chevy Express/GMC Savana vans with EVs based mostly on Brightdrop’s supply vans and a compact EV pickup that was described as “Ford Maverick sized.” Sources additionally say Nissan has canceled a deliberate EV pickup that will have sat beneath the Frontier.
Source: jalopnik.com