Ford is delaying the planned rollout of some of its next-generation EVs as it is expanding hybrid vehicle offerings.
Ford Motor Company is delaying the planned rollout of some of its next-generation electric vehicles EVs as it is expanding hybrid vehicle offerings, the car manufacturing giant said on Thursday in the latest sign that consumer uptake of EVs has slowed down. Ford continues preparations for the market launch of its all-new three-row electric vehicles at the assembly complex in Oakville, Ontario, it said.
“The additional time will allow for the consumer market for three-row EVs to further develop and enable Ford to take advantage of emerging battery technology, with the goal to provide customers increased durability and better value,” Ford said in a statement. At the same time, Ford will be looking to expand its hybrid electric vehicle offerings. By the end of the decade, the company expects to offer hybrid powertrains across its entire Ford Blue lineup in North America.
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