Ford EV unit’s pretax losses expected to jump to more than $5bn as US electric vehicle sales growth slows to 2.7%
With US electric vehicle sales starting to slow, Ford Motor Co says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
The Dearborn, Michigan, company said on Thursday that a much ballyhooed new electric pickup to be built at a new factory in Tennessee will be delayed by a year until 2026.
About Author
More Stories
How could Trump’s second term affect DEI initiatives in the US?
Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’
Ex-McKinsey partner pleads guilty to destroying records on opioids