Ford delays new EV plant, cancels electrical three-row SUV

Ford Mustang Mach-E and F-150 Lightning on show on the New York Worldwide Auto Present on March 28, 2024.

Danielle DeVries | CNBC

DETROIT – Ford Motor is delaying manufacturing of a brand new plant in Tennessee to supply a next-generation all-electric pickup truck and canceling plans for a three-row electrical SUV, the corporate stated Wednesday.

As an alternative, Ford stated it’s going to prioritize the event of hybrid fashions, in addition to electrical business automobiles resembling a brand new electrical business van in 2026, adopted by two pickup vehicles in 2027.

The pickups are anticipated to be a full-size truck, which will likely be produced on the Tennessee plant that is at the moment underneath development, and a brand new midsize pickup.

Car manufacturing on the new plant in Tennessee was initially anticipated to start subsequent yr. The corporate stated it nonetheless expects to start battery cell manufacturing on the website in 2025.

That is breaking information. Please verify again for added updates.

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