‘Nervous’ Ford walks back an ambitious EV goal – report

10 May 2024, 4:01 pm

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Image: CarExpert
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Image: CarExpert

AutoExec Summary
Ford has adjusted its plan for electric vehicles (EVs) in Europe due to slower adoption than expected. While originally committing to selling only electric passenger cars in Europe from 2030, Ford now acknowledges softer demand for EVs. Ford plans to continue selling hybrid models beyond 2030 if necessary to meet emissions regulations. The company has stopped production of combustion models like the Mondeo, Fiesta, and EcoSport, with the last Focus to be produced next year. Ford’s current EV lineup includes the Mustang Mach-E, E-Transit, and Puma EV. Despite rivals still offering combustion cars, Ford remains committed to transitioning to zero emissions in a profitable way.

Brands mentioned: Ford, Volkswagen, Skoda, Peugeot, Volkswagen,

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