Photo: Ford
Ford is going full speed ahead toward a fully electric lineup, despite the estimation of losing billions of dollars in 2023. The Dearborn carmaker is killing three ICE-powered models.
Ford is killing several ICE-powered vehicles in its portfolio to make room for the electric cars that the company is working on. Once the doomed ICEs are out, the carmaker will be able to re-steer focus from those to EVs, with financial and personnel resources included.
The brand's head honchos have blacklisted three models, based on their popularity (read sales figures), and the Ford Transit Connect is one of them. With the larger E-Transit, that Ford introduced in 2020, the Transit Connect would not make much sense in the lineup. There is already a more spacious and electric replacement, so it might not be missed once it's gone.
The Ford Edge is also on the black list. The Oakville Assembly plant in Ontario, Canada, will be converted into an EV production center. The move leaves the Edge out. It will remain as an ICE-powered model in China, where Ford sells an L version with a totally different design. The carmaker might consider replacing the model with an electric crossover in the near future.
The company has also put the Ford Escape on the black list, according to a report from Automotive News. Low sales figures convinced the carmaker that there was no point in trying to save the model. Besides, there is a Bronco Sport, which has been extremely popular since the nameplate returned to the market in 2021. Facelifted last year, the Escape might escape the back door once its life cycle is over. The production of the Escape should come to an end sometime in 2025.
The brand is also considering an American version of the Explorer, which is a Europe-only affair right now. The crossover shares its underpinnings with Volkswagen's ID.4. Ford will most likely make a decision regarding the arrival of the EV in North America once the Ontario plant is converted into an EV production center.
On the other hand, Ford's CEO Jim Farley pledged to keep the Mustang powered by internal combustion engines for as long as possible, with the V8 a key engine in the lineup. And it might be the right move for the Dearborn carmaker since rivals such as Chevrolet and Dodge are rolling out electric muscle cars. The Mustang might thus be the unicorn here: the only muscle car with a V8 engine on the American market.
To offer some kind of consolation to ICE-powered cars die-hards, Dodge will reportedly bring the Charger and the Challenger with the V6 Hurricane engine, the one that debuted under the good of the 2023 Jeep Wagoneer and Grand Wagoneer. The company will also roll out electric versions of the two, with the Charger bearing the Daytona name tag.
FoMoCo is yet to make a profit after investing billions of dollars into the EV lineup. The electric division is expected to lose $4.5 billion more in 2023 compared to the company's original estimate. Despite predictions, Ford is still planning on building 400,000 EVs per year in the near future. The initial target was building 2 million EVs per year by 2026. But the carmaker is now aware that it is not going to happen.
The brand's head honchos have blacklisted three models, based on their popularity (read sales figures), and the Ford Transit Connect is one of them. With the larger E-Transit, that Ford introduced in 2020, the Transit Connect would not make much sense in the lineup. There is already a more spacious and electric replacement, so it might not be missed once it's gone.
The Ford Edge is also on the black list. The Oakville Assembly plant in Ontario, Canada, will be converted into an EV production center. The move leaves the Edge out. It will remain as an ICE-powered model in China, where Ford sells an L version with a totally different design. The carmaker might consider replacing the model with an electric crossover in the near future.
The company has also put the Ford Escape on the black list, according to a report from Automotive News. Low sales figures convinced the carmaker that there was no point in trying to save the model. Besides, there is a Bronco Sport, which has been extremely popular since the nameplate returned to the market in 2021. Facelifted last year, the Escape might escape the back door once its life cycle is over. The production of the Escape should come to an end sometime in 2025.
The brand is also considering an American version of the Explorer, which is a Europe-only affair right now. The crossover shares its underpinnings with Volkswagen's ID.4. Ford will most likely make a decision regarding the arrival of the EV in North America once the Ontario plant is converted into an EV production center.
On the other hand, Ford's CEO Jim Farley pledged to keep the Mustang powered by internal combustion engines for as long as possible, with the V8 a key engine in the lineup. And it might be the right move for the Dearborn carmaker since rivals such as Chevrolet and Dodge are rolling out electric muscle cars. The Mustang might thus be the unicorn here: the only muscle car with a V8 engine on the American market.
To offer some kind of consolation to ICE-powered cars die-hards, Dodge will reportedly bring the Charger and the Challenger with the V6 Hurricane engine, the one that debuted under the good of the 2023 Jeep Wagoneer and Grand Wagoneer. The company will also roll out electric versions of the two, with the Charger bearing the Daytona name tag.
FoMoCo is yet to make a profit after investing billions of dollars into the EV lineup. The electric division is expected to lose $4.5 billion more in 2023 compared to the company's original estimate. Despite predictions, Ford is still planning on building 400,000 EVs per year in the near future. The initial target was building 2 million EVs per year by 2026. But the carmaker is now aware that it is not going to happen.
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