Ford Motor Co. is adjusting its electric vehicle strategy to focus on developing two new electric pickup trucks and a commercial van. The company aims to offer these vehicles at a lower cost, with longer range, and achieve profitability within a year of launch.
While details about the new products are limited, Ford announced that production of its next-generation full-size electric pickup truck in Tennessee will be delayed until 2027. Additionally, the company will not pursue fully electric three-row SUVs due to high battery costs, opting instead to focus on gas-electric hybrid versions.
