
Ford revises electric vehicle strategy, postpones development of new plants and SUVs
In a strategic shift, Ford has announced the postponement of its new electric vehicle (EV) manufacturing plant and the cancellation of its upcoming three-row electric SUV. The move reflects a broader reassessment of Ford’s approach to the burgeoning electric vehicle market. The automaker had initially planned to spearhead production of a next-generation all-electric pickup at a new plant in Tennessee. However, recent assessments have put a pause on those plans, underscoring the challenges and complexities of scaling EV production. Ford also abandoned plans for a three-row electric SUV, a move that suggests it is recalibrating its product lineup based on…



