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« on: August 23, 2024, 04:05:08 pm »

Ford's electric three-row SUV is dead

<p>As part of a rethink of its EV strategy, <a data-i13n="cpos:1;pos:1" href="https://www.engadget.com/tag/ford/">Ford[/url] has canceled plans [<a data-i13n="cpos:2;pos:1" href="https://s201.q4cdn.com/693218008/files/doc_downloads/2024/08/Ford-Broadens-Electrification-Strategy-news-release.pdf">PDF[/url]] to build an electric three-row SUV. It said earlier this year that it would <a data-i13n="cpos:3;pos:1" href="https://www.engadget.com/ford-delays-some-electric-vehicles-renews-focus-on-hybrids-172007210.html">delay the vehicle[/url] by two years until 2027 but now the automaker has scuttled that model entirely. It's pivoting to using hybrid tech in its next three-row SUVs. Ford expects the decision to cost up to $1.9 billion in special charges and expenses.</p>
<p>In addition, Ford is delaying the rollout of a next-gen electric truck from 2026 until the second half of 2027. This model will build on what the company has learned from the <a data-i13n="cpos:4;pos:1" href="https://www.engadget.com/ford-is-cutting-f-150-lightning-production-due-to-waning-demand-173838340.html">F-150 Lightning[/url] and include "features and experiences never seen on any Ford truck." Among those will be improved aerodynamics and an upgraded bi-directional charging capability. Ford says delaying the electric pickup will let it take advantage of lower-cost battery tech and other cost efficiencies. It will build this model, which was previously delayed from 2025, at a Tennessee plant.</p>
<span id="end-legacy-contents"></span><p>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. According to <a data-i13n="elm:affiliate_link;sellerN:The Wall Street Journal;elmt:;cpos:5;pos:1" href="https://shopping.yahoo.com/rdlw?merchantId=2f007401-3eaa-4237-b69b-54ccbe125502&amp;siteId=us-engadget&amp;pageId=1p-autolink&amp;featureId=text-link&amp;merchantName=The+Wall+Street+Journal&amp;custData=eyJzb3VyY2VOYW1lIjoiV2ViLURlc2t0b3AtVmVyaXpvbiIsImxhbmRpbmdVcmwiOiJodHRwczovL3d3dy53c2ouY29tL2J1c2luZXNzL2F1dG9zL2ZvcmQtY2FuY2Vscy1wbGFucy1mb3ItZWxlY3RyaWMtc3V2LTQ0ODE3MzY3IiwiY29udGVudFV1aWQiOiJiZjI4YzFjOS1hZWJhLTRjNTQtYTE3Zi02ZmE4NGJhNWQyOGUiLCJvcmlnaW5hbFVybCI6Imh0dHBzOi8vd3d3Lndzai5jb20vYnVzaW5lc3MvYXV0b3MvZm9yZC1jYW5jZWxzLXBsYW5zLWZvci1lbGVjdHJpYy1zdXYtNDQ4MTczNjcifQ&amp;signature=AQAAAcT46-2ZwWCxW1YQuTJuODJHE5djdwFAsv_xzzR-Qil-&amp;gcReferrer=https%3A%2F%2Fwww.wsj.com%2Fbusiness%2Fautos%2Fford-cancels-plans-for-electric-suv-44817367" class="rapid-with-clickid" data-original-link="https://www.wsj.com/business/autos/ford-cancels-plans-for-electric-suv-44817367">The Wall Street Journal[/url], Ford expects the EV platform to help it produce several profitable models. That could help it compete with Chinese electric vehicle makers, which Ford CEO Jim Farley claims benefit from a lower-cost supply chain. That said, the US has <a data-i13n="cpos:6;pos:1" href="https://www.engadget.com/biden-administration-quadruples-import-tariff-for-chinese-evs-130047911.html">imposed a 100 percent tariff[/url] on imported EVs from China, which the White House says "will protect American manufacturers."</p>
<p>Elsewhere, Ford plans to start producing a new electric commercial van in Ohio in 2026. A Tennessee factory will start making cells for the van and the next-gen electric pickup in late 2025.</p>
<p>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. The EV division is on track to lose $5 billion this year (up from a $4.7 billion loss in 2023) amid lower-than-expected demand. Ford is also slashing capital spending on EVs from 40 percent of its budget to 30 percent.</p>This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/fords-electric-three-row-suv-is-dead-151528349.html?src=rss

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