Ford Motor Co. has announced a delay in the rollout of new electric pickup trucks and a large electric SUV as it shifts focus to adding gas-electric hybrids to its model lineup. The company revealed that the highly anticipated electric pickup, slated to be produced at a new factory in Tennessee, will now be delayed until 2026. Similarly, the introduction of a three-row electric SUV at the Oakville, Ontario factory has been pushed back to 2027.
This decision comes amidst a slowdown in U.S. electric vehicle sales growth, which only saw a 2.7% increase in the first quarter of the year. In contrast, hybrid sales surged by 45% during the same period, with plug-in hybrids also experiencing a 34% growth. Ford aims to offer hybrid versions of all its gasoline passenger vehicles in North America by the end of the decade.
