Ford (F) has announced its plans to scrap the production of its three-row electric SUV, delaying the opening of a new EV plant, and swapping plans for the...
, delaying the opening of a new EV plant, and swapping plans for the new EV with a strategy centered around hybrid models.
It's gonna delay the introduction of a new large electric pickup truck by about 18 months, but it is adding plans to introduce a new electric delivery van in 2026 and a new electric pickup in 2027.
But Jim Farley is a very practical CEO I think he may be the most practical and one of the most decisive CEO S in any industry.I mean, to go with the trucks versus the, the crossovers and it seemed like investors did like, did like the move in the news, Greg. Kia also has a strong portfolio and now we're seeing some more uh pressure from just across, across town.
Uh you know, but there's a fair amount of uncertainty in the in the segment, but right now it is a pretty good time to buy an EV uh I mentioned some of the new Chevys Volkswagen has the ID seven coming out.
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