Ford's Electric Vehicle Production Plans Delayed Amid Shifting Consumer Demand

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Source: The Daily Wire
Ford's Electric Vehicle Production Plans Delayed Amid Shifting Consumer Demand
Photo: The Daily Wire
TL;DR Summary

Ford delays production of new electric vehicles to focus on making more hybrid vehicles due to plummeting consumer demand for EVs, with the launch of at least two new three-row electric vehicles delayed from 2025 to 2027. The company plans to expand its hybrid electric vehicle offerings and expects to offer hybrid powertrains across its entire Ford Blue lineup in North America by the end of the decade. The decision comes as Ford's electric vehicle business incurred significant losses, while consumer complaints about high prices, quality, reliability, charging infrastructure, and performance in cold weather persist. Additionally, former President Donald Trump has vowed to reverse President Joe Biden's electric vehicle mandate if re-elected, citing concerns about the mandate's impact on the U.S. auto industry.

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