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InsideEVs
Technology

Ford Won't Have New EVs For Years. That Could Leave It 'Exposed.'

Ford Corey Cantor BloombergNEF GM Hyundai Kia Toyota United States

In the wee hours of this morning, Ford announced changing its EV strategy amid uneven sales and huge financial losses Its first EV on its forthcoming new EV platform will be a midsized truck, not a compact truck or crossover. The three-row electric SUV made in Canada that was originally supposed to be released this year, is now dead despite the brand investing $400 million in the vehicle’s development. The Ford F-150 Lightning’s replacement once due in 2025, now won’t happen until 2027.

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