Ford's electric division is expected to lose $4.5 billion more this year than previously expected, but the automaker is still dead set on making EVs work for it
. The platform will underpin a full-size pickup that will be built in Tennessee, and a three-row SUV that will be built in Oakville, Canada.Ford Teases Three-Row Electric SUV That Aims To Be Your “Personal Bullet Train”
Those high-margin EVs will reduce the automaker’s reliance on internal combustion vehicles, which are currently being leaned on to offset the losses generated by its electric vehicle department. However, some longtime products are already expected to go the way of the dodo. They are the Escape,The Edge is being discontinued next year to allow Ford to retool its Oakville plant as it prepares for its next-generation electric three-row SUV.
will not return to the U.S. in 2024, though it will stay in European showrooms. However, the Ford Transit is preparing to enter the market and the E-Transit will get a 48 percent range boost in the coming years., there is no specific date of execution. While the model was refreshed this year, indicating that it will be produced for a few more years, there are no plans for a next-generation model.
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